The Hong Kong Exchange (HKEx) and Securities and Futures
Commission's (SFC) disagreement on weighted voting rights (WVR)
has highlighted the problem of having dual securities
regulators. It's time for Hong Kong to follow major markets,
such as the US, and move regulatory duties entirely to the SFC.
On June 19 HKEx announced the conclusions to its concept
paper on WVR, and revealed that it would release a formal
consultation on amending the Listing Rules....