China will allow onshore investors to buy dual-class shares traded in Hong Kong for the first time, giving them access to some of the world’s hottest startups such as Xiaomi Corp and Meituan Dianping.
The country’s stock exchanges on Friday revised rules to bring stocks with different classes of voting rights into the trading links between the mainland and the former British colony. The rules will be effective Oct. 28, according to announcements on the social media accounts of the Shanghai and Shenzhen stock exchanges.
