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BlackRock urges shareholder protection as Asia bourses weigh dual-class listings

Published Tue, Sep 26, 2017 · 09:50 PM
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Hong Kong

HONG Kong and Singapore bourses need to introduce shareholder protection measures if they allow companies with dual-classes of shares to list, BlackRock Inc's head of investment stewardship for the Asia-Pacific said on Tuesday.

Hit by dwindling new listings and a growing number of Asian startups listing in the United States, both Singapore Exchange Ltd and Hong Kong Exchanges & Clearing Ltd have proposed new rules to allo…

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