U.S.-based cancer detection start-up Grail Inc. is reportedly planning an initial public offering on the Hong Kong Stock Exchange in what could be the first test of the city’s proposed duel-class listing system for tech companies. The IPO, expected to be worth around US$500 million, would be a coup for the Hong Kong exchange, which has been positioning itself to better serve the technology sector, including the adoption of due-class IPOs for startups. Dual-class shares give one set of shareholders …
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