DAKAR/WAM Pemmy Majodina, Minister of Water and Sanitation of the Republic of South Africa, said …
Read More »Hong Kong’s IPO quirks undermine its New York fightback
Hong Kong’s move to allow dual-class shares should attract a wave of listings by Chinese technology companies. It won’t be enough for the city to challenge New York as the global hub for new-economy fundraising. Despite a year of hot flotations that included firms backed by Tencent Holdings Ltd. and Alibaba Group Holding Ltd., Hong Kong is close to being …
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