Dual listing and secondary listing
WebJun 23, 2024 · First, capital raising by foreign issuers may be subject to exemptions. Second, foreign stocks can trade on premium exchanges without an underlying listing through Global Depository Receipts (GDRs) or American Depository Receipts (ADRs). Third, securities regulators have introduced “mutual recognition” agreements, allowing … WebMay 26, 2024 · Other companies that have a secondary listing on SGX include Jardine Matheson, Prudential, Lonza, Top Glove Corp, IHH Healthcare, Sri Trang Gloves, Sri …
Dual listing and secondary listing
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WebIn a move designed to lure more technology companies from the dominance of NASDAQ, Hong Kong Exchange (HKEX) plans to extend the use of dual-class stock structures along with secondary listings. Weighted voting right (WVR) and secondary-listing companies will soon be included on the 50-year-old Hang Seng Index. A dual listing refers to a listing of any security on two or more different exchanges. Companies use dual listings because of their benefits, which include additional liquidity, increased access to capital, and the ability for their shares to trade for longer periods if the exchanges on which their shares are listed … See more A dual listing, also known as interlisting or cross-listing, is attractive to many non-U.S. companies because of the depth of the capital marketsin the U.S., the world’s biggest economy. … See more There are numerous advantages of a dual listing. Companies get access to a larger pool of potential investors, which can be beneficial for investors as well. For example, many … See more
WebThis is often done by either a secondary listing, known as a dual listing, or by creating bundles of primary shares and listing them as ‘ depositary receipts ’ (DRCs) in the local currency of the foreign exchange. We provide coverage of dual lists and DRCs in some, but not all, markets. Many dual lists and DRCs are illiquid and rarely ... WebSecondary listings in Hong Kong : Overseas companies which have (i) a primary listing on the Recognised Stock Exchange; and (ii) the majority of their equity securities traded …
WebMar 6, 2024 · An argument against dual listings over the years was the ease of cross-border capital flows facilitated by online brokerages. But heightened global tensions, de-globalisation and anti-capitalist ... WebDual listed companies, where two distinct companies (with separate stocks listed on different exchanges) ... Generally such a company's primary listing is on a stock …
WebJul 7, 2024 · And by carrying out its dual primary listing, Guangzhou-based Xpeng has shown other US-listed Chinese EV makers, NIO and Li Auto, how to navigate the new set of listing rules – introduced in ...
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