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A dual-listed company or DLC is a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Virtually all DLCs are cross-border, and have tax and other advantages for the corporations and their stockholders.
Cross border listings is the practice of listing a company's common shares on a different exchange than its primary stock exchange. A commercial company may choose to list its shares in a stock exchange of a country other than that in which the company is based. This practice is known as "cross-border listing" or "cross-listing".
Recent research, [6] shows that the listing premium for cross-listing has evaporated, due to new U.S. regulations and competition from other exchanges. Some recent academic research finds that smaller foreign firms seeking cross listing venues may be opting for UK exchanges over U.S. exchanges due to the costs imposed by the Sarbanes-Oxley Act.
Ant Group is on course to become the world's first company to launch a simultaneous initial public offering on Hong Kong's main board and Shanghai's Star Market, creating a template for other ...
The conversion to dual primary listing does not involve any issue of new shares or even raising of funds by the company, Alibaba said. Hong Kong-listed shares of the company gained as much as 0.7% ...
Former dual-listed companies (10 P) R. Rio Tinto (corporation) (2 C, 20 P) Pages in category "Dual-listed companies"
Slack Technologies, the provider of a cloud-based workplace messaging app, launched its product in 2013 and plans to list its shares on the New York Stock Exchange June 20 through a direct listing.