4 ms·
I believe this has to do with the inability to issue non-preferred (non-voting) stock on the HKSE, something that is allowed on NYSE.
by misterbwong 12y ago
I believe this has to do with the inability to issue non-preferred (non-voting) stock on the HKSE, something that is allowed on NYSE.
- lifeisstillgood 12y agoBut ... why? Why should one company allow voting with all shares and another not? Seems to me that's turning comparable markets into apples v oranges. The price of two shares then are not just based on strengths of companies but whether shareholders can influence the company too. I would rather have two markets in that case.