Except for public holidays and the market closure due to weather conditions, the Hong Kong stock market generally trades from Monday to Friday. The trading hours are as follows:
1. Pre-opening Session
Time Period (HKT) | Time Period (AEST) | Time Period (AEDT) | Trading Rules |
Order input period: 9:00 AM - 9:15 AM | Order input period: 11:00 AM - 11:15 AM | Order input period: 12:00 PM - 12:15 PM | At-auction orders and at-auction limit orders can be entered, amended or cancelled. |
No-cancellation period: 9:15 AM - 9:20 AM | No-cancellation period: 11:15 AM - 11:20 AM | No-cancellation period: 12:15 PM - 12:20 PM | Only at-auction orders and at-auction limit orders can be entered. No orders can be amended or cancelled. |
Random matching period: 9:20 AM - 9:22 AM (matching will start randomly at a time from 9:20 AM to 9:22 AM at the final Indicative Equilibrium Price) | Random matching period: 11:20 AM - 11:22 AM (matching will start randomly at a time from 11:20 AM to 11:22 AM at the final Indicative Equilibrium Price) | Random matching period: 12:20 PM - 12:22 PM (matching willing start randomly at a time from 12:20 PM to 12:22 PM at the final Indicative Equilibrium Price) | Orders are matched during this period. |
Blocking period: from the end of the random matching period to 9:30 AM | Blocking period: from the end of the random matching period to 11:30 AM | Blocking period: from the end of the random matching period to 12:30 PM | For at-auction orders: Outstanding orders will be cancelled by the system. For at-auction limit orders: Outstanding orders will be carried forward to the Continuous Trading Session and treated as limit orders provided that the specified price of that at-auction limit order does not deviate 9 times or more from the nominal price. |
2. Continuous Trading Hours
Time Period | HKT | AEST | AEDT |
Morning Session | 9:30 AM - 12:00 PM | 11:30 AM - 2:00 PM | 12:30 PM - 3:00 PM |
Extended Morning Session | 12:00 PM - 1:00 PM | 2:00 PM - 3:00 PM | 3:00 PM - 4:00 PM |
Afternoon Session | 1:00 PM - 4:00 PM | 3:00 PM - 6:00 PM | 4:00 PM - 7:00 PM |
Note: During the Extended Morning Session, orders cannot be amended, but can be cancelled from 12:30 PM to 1:00 PM (HKT).
3. Closing Auction Session
Time Period (HKT) | Time Period (AEST) | Time Period (AEDT) | Trading Rules |
Reference Price fixing period: 4:00 PM - 4:01 PM | Reference Price fixing period: 6:00 PM - 6:01 PM | Reference Price fixing period: 7:00 PM - 19:01 PM | The Reference Price is calculated and published; orders cannot be entered. |
Order input period: 4:01 PM - 4:06 PM | Order input period: 6:01 PM - 6:06 PM | Order input period: 7:01 PM - 7:06 PM | At-auction orders, and at-auction limit orders within the ±5 per cent price limit, can be entered, amended or cancelled. |
No-cancellation period: 4:06 PM - 4:08 PM | No-cancellation period: 6:06 PM - 6:08 PM | No-cancellation period: 7:06 PM - 7:08 PM | At-auction orders and at-auction limit orders can be entered, but cannot be amended or cancelled; prices of new at-auction limit orders must be between the lowest ask and highest bid of the order book. |
Random closing period: 4:08 PM - 4:10 PM | Random closing period: 6:08 PM - 6:10 PM | Random closing period: 7:08 PM - 7:10 PM | At-auction orders and at-auction limit orders also can be entered, but cannot be amended or cancelled; prices of new at-auction limit orders must be between the lowest ask and highest bid of the order book. |