Stock links to allow dual-class structures

Mainland, Hong Kong connects set to coordinate market development

The Shanghai, Shenzhen and Hong Kong stock exchanges jointly released an agreement on Sunday to include dual-class shares in their respective stock link programs, and to coordinate the development of capital markets in the Chinese mainland and Hong Kong.

Charles Li Xiaojia, CEO of Hong Kong Exchanges and Clearing Ltd, said after an economic summit in Hong Kong on Monday that the agreement marks positive progress.