Xiaomi shares notch new high after Hong Kong, mainland China stock exchanges reach agreement
https://www.cnbc.com/2018/07/18/xiaomi-shares-jump-after-hong-kong-china-exchanges-reach-agreement.html
Shares of smartphone maker Xiaomi rose on Wednesday, notching a new high after Hong Kong's stock exchange said it would work with its mainland counterparts on moving toward including companies with weighted voting rights in the stock connect program.
That followed Hong Kong Exchanges and Clearing, which operates the Hong Kong stock exchange, saying Wednesday that it had come to an agreement with counterparts in Shanghai and Shenzhen to move toward allowing the trade of companies with weighted voting rights (WVR), or dual class shares, through the program connecting stocks between Hong Kong and the mainland.