As HK welcomes WVR, Dr. Maurice Ngai feels the need to protect minority shareholders' rights
The revision of the listing rules was seen as the most significant reform in the past 24 years of the Hong Kong capital market.
Dr. Maurice Ngai, CEO of SWCS, mentioned that the structure of WVR is in line with the characteristics of the New Economy companies and while Hong Kong welcomes WVR companies, it is also important to protect the minority shareholders rights.
This article is available in Chinese only.
Under the competitive capital market environment, WVR companies can now list in Hong Kong, but must now strive to protect minority shareholders’ rights…