[Stock Connect] HKEX (00388): The system will technically support T+1 settlement cycle by the end of 2025.
Kingwo Financial News | HKEX (00388) announced that it will launch a plan to enhance post-trade services in the stock spot market. Starting from mid-2025, HKEX will gradually introduce new post-trade functions on its leading star integrated cash platform (OCP). The new features include automated report downloads and information exchange, real-time transmission and processing of trade data, related Hold Positions, and reference data, as well as real-time settlement instruction matching. As part of the overall platform enhancement plan, HKEX will ensure that its system is technically compatible with the T+1 settlement cycle by the end of 2025. However, what type of settlement cycle HKEX will adopt in the future remains unclear.
Express News | HKEX - New Post-Trade Features and Services to Be Rolled Out Progressively Beginning Mid-2025
Express News | HKEX - HKEX to Introduce New Post-Trade Services on Orion Cash Platform
Major banks rating | JPMorgan: The market atmosphere may be quite optimistic in the coming weeks, reiterating the "Shareholding" rating for the Hong Kong Stock Exchange.
JPMorgan released a report stating that on the eve of the Central Economic Work Conference, the Politburo of the Communist Party of China made a more positive statement about policies, which might lead the market to develop a new perspective on the Chinese stock market. In the coming weeks, the market atmosphere may be more upbeat, with the belief that the Hong Kong Stock Exchange will be the main beneficiary.
Express News | London Metal Exchange: Announces an Increase in the Frequency of off-Warrant Stock Reporting by Warehouses From Monthly to Daily as of 10 February 2025
Hong Kong stock movement | Hong Kong Stock Exchange (00388) opened nearly 6% higher, reportedly planning to launch a discounted fee scheme for non-professional data users next year.
Hong Kong Stock Exchange (00388) opened nearly 6% higher, and as of the time of writing, it rose by 5.91%, reported at 330 Hong Kong dollars, with a trading volume of 0.265 billion Hong Kong dollars.
