HKEX (00388), which first allowed weighted voting rights (WVR) companies to list in Hong Kong in 2018, is open to reviewing its WVR-related listing rules, according to CEO Bonnie Chan. The exchange's newly amended listing rules, effective yesterday, mandate gender diversity on boards by requiring at least one director of a different gender. Chan stated that the next step is to establish a talent pool for female directors to ensure a steady supply of qualified candidates.

Chan acknowledged market feedback suggesting certain aspects of the listing system could be revisited for further refinement. She noted that shareholders of WVR companies have the authority to determine corporate structures while ensuring more balanced representation.

Chan also emphasized HKEX's appeal as a stable and reliable market for U.S.-listed Chinese firms considering a secondary listing in Hong Kong, particularly due to its connectivity with mainland China. She revealed that the exchange is currently processing over 300 listing applications, with more expected under confidential submissions.