HKEx eyes launch of IPO Connect

Hong Kong's bourse operator wants to spark a mass marriage between foreign companies and mainland Chinese investors.

HKEx eyes launch of IPO Connect

Hong Kong Exchanges Clearing wants to launch a primary equity connect scheme that will allow foreign companies to raise funds directly from mainland Chinese investors, its chief executive officer said on Thursday.

The proposal, should it materialise, would be a significant moment for world markets as it would mean Beijing opening up more fully to capital flowing into and out of the country, allowing overseas companies to sell their shares to the nation’s cash-rich households....

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