HK exchange overhaul days away

Analysts suppose the market changes not in conflict with mainland's CDR role

Financial analysts contend that allowing dual-class company listings in Hong Kong should not compete with the proposed launch of Chinese Depository Receipts on the mainland, as the two different markets can attract different batches of enterprises for share listings.

Three new categories of enterprises will qualify to be listed on the main board of the Hong Kong Stock Exchange in the wake of the biggest overhaul of its initial public offering rules in two decades, part of efforts to lure prominent new economy companies to its fold.