Hong Kong exchange considers lowering threshold for hard-tech listings

Hong Kong’s stock exchange will publish new draft rules within the next few weeks to make it easier for hard-tech companies to sell shares in the city, according to three sources with direct knowledge of the matter.

Hong Kong Exchanges and Clearing Ltd, operator of the city’s stock exchange, is informally consulting with the industry to reduce revenue and profit requirements for companies in sectors such as chips and artificial intelligence, they said.