|The new Hong
Kong rules are very flexible
In a deal that could provide the structure for more US-based
companies to list in Hong Kong, Wynn Resorts has successfully
completed an initial public offering for its subsidiary Wynn
Macau thanks to flexible disclosure requirements.
Wynn Macaus $1.87 million offering was the first by a
US-based company on the main board. With the Hong Kong exchange
keen to reinforce its market appeal, those involved in the Wynn
deal expect more US offerings will be encouraged:
The Hong Kong exchange is keen to...