Ant Financial and Xiaomi highly likely to list in Hong Kong, says HKEX chief

Companies can apply to list in Hong Kong on April 30.

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Ant Financial, Xiaomi, and Saudi Aramco are highly likely to list in Hong Kong, as the Special Administrative Region is introducing the result of consultation for dual-class share listing next week and if the reform get accepted, companies interested in listing in the city can apply on as soon as April 30, HKEX Chief Executive LI Xiaojia told local media HKEJ.

Singapore is also luring companies to list in the city-state through a similar reform, while mainland China is also eyeing to relist US-listed tech giants such as Alibaba and Baidu in its home market.

Source: STCN, Hexun