Hong Kong Exchanges and Clearing (HKEX) has unveiled its biggest listing reforms since 2018, broadening its special listing regime for innovative companies and opening the door for smaller and more diverse firms to list in the city, the bourse operator said on Friday.
HKEX proposed lowering the minimum threshold for companies to list under the weighted voting rights (WVR) regime to a minimum valuation of HK$20 billion (US$2.6 billion), half the current requirement of at least HK$40 billion.
It…