Bloomberg News
HONG KONG — The chief executive of Hong Kong Exchanges and Clearing Ltd. is confident that the city will land some of the biggest listings in the future, including Saudi Arabian Oil Co., known as Aramco, tech giant Xiaomi Inc. and, in time, a dual listing for e-commerce titan Alibaba Group Holding Inc.
Speaking at D.Live, The Wall Street Journal’s tech conference in Hong Kong, Charles Li said the exchange will open its doors to technology companies with a new dual shareholding structure in May, as the Asian financial hub competes with other global competitors for a bigger share of the new listing market.
Li is one of several speakers who are discussing some of the most compelling ideas emerging globally. Asia’s top companies, particularly from the tech industry, are making some of the world’s most rapid advancements in artificial intelligence and self-driving cars, creating a wave of innovation and investment opportunities.
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