The Hong Kong Stock Exchange ( HKEX ) has announced plans to launch a private market and blockchain to provide a platform for pre - IPO companies . Starting next year , the HK Private Market will take care of early stage businesses in its ecosystem before they head into the public markets , offering support for start - ups entering the wider market and catering for " new economy " companies .
The Hong Kong Stock Exchange (HKEX) has announced plans to launch a private market using blockchain to provide a platform for pre-IPO companies. Launching next year, the HKEX Private Market will take care of early stage businesses in its ecosystem before they head into the public markets, offering support for start-ups entering the wider world and catering for "new economy" companies.