Hong Kong IPO allocation rules shift focus to institutions, limit retail access

Hong Kong IPO allocation rules shift focus to institutions, limit retail access

Hong Kong Exchanges and Clearing’s (HKEX’s) latest listing rules on distributing shares in popular initial public offerings (IPOs) are expected to draw more institutional investors and family offices but curb retail participation, according to industry players. The rules, which came into effect on August 4, mandate that IPO candidates allocate at least 40 per cent…

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Hong Kong university entrance exam courses offered at over 70 mainland Chinese schools

Hong Kong university entrance exam courses offered at over 70 mainland Chinese schools

More than 70 schools in mainland China are offering Hong Kong’s university entrance exam courses, with some operators planning for further expansion given the curriculum’s growing demand, the Post has found. The rising popularity of the Diploma of Secondary Education (DSE) also prompted calls for Hong Kong authorities to internationalise the assessment launched in 2012…

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Why are there more fights on Hong Kong flights? Conditions, social media blamed

Why are there more fights on Hong Kong flights? Conditions, social media blamed

Confined space, a lack of legroom, stress-provoking boarding procedures and airlines’ cost-saving measures are a recipe for conflicts among air passengers, observers have said, after another heated dispute on a Hong Kong flight. Experts also said on Sunday that social media had fuelled a “copycat effect” in which people imitated disruptive behaviour and aggressive responses…

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