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By getting a dual listing, it will receive the benefit of added investor exposure from Nasdaq.
Spokesmen for both companies said they were considering the merits of a dual listing.
The bank held a dual listing in Mexico and the United States, raising about $4.2 billion.
But the firm is also mulling the possibility of a dual listing in Hong Kong.
"But while dual listing is a departure from precedent, it does not affect liquidity on the exchange".
The company is expected to look at a dual listing in London and Hong Kong for the estimated £10bn IPO.
Similar(15)
Presumably, even though there is spillover impact overall from the A to H share market, the single H-tranche stock price without the additional information would be less contaminated by noise trading than the dual listed H-tranche.
LivePerson is now a thriving public company, dual listed on NASDAQ and TASE, with $100 million plus of revenue and a half billion market cap.
Bartel's Targetscan publishes dual lists of targets based on either conserved or non-conserved sites.
Robert Greifeld, the chief executive of Nasdaq, said dual-listing could be a tool to entice companies to abandon the stock exchange entirely.
The Nasdaq stock market will announce today that a number of blue-chip companies on the New York Stock Exchange, including Charles Schwab and Hewlett-Packard, have decided to dual-list their shares on Nasdaq and the Big Board, several people briefed on the matter said yesterday.
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