AirAsia's Parent Company Plans Dual Listing in Hong Kong

AirAsia's parent company, Capital A, is preparing for a dual listing in Hong Kong. According to Ming Pao, Capital A's CEO, Tony Fernandes, has engaged bankers for the listing process, which could occur as early as July or August this year. This move follows the recent trend of ASEAN companies seeking listings in Hong Kong. Last year, Thailand's coconut water producer IFBH and Malaysia's BBSG listed on the Hong Kong Stock Exchange and GEM board, respectively.