Jinwu Financial News | The Hong Kong Stock Exchange (00388) published a consultation conclusion on a proposal to lower the minimum share price increase or fall in the Hong Kong stock market.
HKEx received 110 unique responses from market participants from a wide range of sectors. The consultation proposal was supported by most respondents to reduce the minimum prices of stocks, real estate investment trusts (REITs) and other applicable securities (excluding exchange-traded products (ETP), bonds, exchange-traded options (ETO) and structured products) in two stages, and responses supporting the proposal also represented most of the turnover in the spot market.
After carefully considering the responses from market participants, the Hong Kong Stock Exchange decided to reduce the minimum price of applicable securities by 50% to 60% in two stages according to the original plan; implement the first phase in mid-2025; implement the first phase in mid-2025; after reviewing the implementation of the first phase, the second phase is expected to be implemented in mid-2026; the share settlement fee structure, trading order entry limits, and single stock option bookers' responsibilities will also be adjusted.
