HONG KONG -- The Hong Kong stock exchange unveiled changes to its new listings system on Tuesday, in a move to better position itself to lure large technology and biotech companies in the battle with the U.S. and mainland China for high-profile initial public offerings.
Hong Kong Exchanges & Clearing, the market operator, will begin accepting applications under the new plan on April 30, and the first batch of companies are expected to be listed as early as June.
