What have Jack Ma, Li Ka-shing and a Dodge automobile got in common? Skip the jokes about the unlikeliness of Asia’s richest men travelling in an American muscle car and Hong Kong’s bankers, investors and lawyers could find out soon.
Asia’s most vibrant stock market is poised to look again at investor rights — namely whether Hong Kong could, or should, allow US-style dual-class shares.
Last week the city’s top regulator unexpectedly, and very publicly, emphasised his neutrality on the issue while the Hong Kong exchange is due to publish responses imminently to a paper published last year.
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