InvestorsHub Logo

caffeinedrive

11/22/16 9:47 AM

#107023 RE: zerohedge #107021

HK has a strong retail investor base and is why, unlike NY, they insist on 1 vote per share. More than one third of the more than 100 Chinese companies on the NYSE use dual share classes.

To my understanding this was the main stumbling block for Alibaba listing in HK. Whether we will meet all the other requirements for a HK listing is another question all together.