A less friendly Hong Kong awaits global investors

News Snapshot:

HONG KONG, Aug 15 (Reuters Breakingviews) - Hong Kong has lost some permanent appeal. The city's bourse operator has ditched a requirement for companies incorporated in China to hold separate votes for their onshore and offshore investors on rights issues and share repurchases. It's a fresh reason for global funds to trade stocks on the mainland instead of those in the Asian hub. The tweak impacting 150 or so dual-listed companies is part of Hong Kong Exchanges and Clearing's (HKEX) (0388.HK)listings rules revamp that went into effect this month. It follows an overhaul of the offshore-listings policy by the China...