HKEX to Reduce Minimum Spreads in Hong Kong Securities Market

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Follow Us on WeChat Highlights Minimum spreads of Applicable Securities to be reduced by 50%-60% in two phases, to lower overall transaction costs and boost liquidity Phase 1 to be implemented in mid-2025; Phase 2 to be launched one year later, subject to review of Phase 1 implementation Stock Settlement fee structure, order input price limit and market making obligations for relevant single stock options also to be adjusted HKEX is pleased to announce today the conclusions to its Consultation Paper on the proposed reduction of minimum spreads in the Hong Kong securities market. HKEX received 110 non-duplicate responses from a wide spectrum of market participants. The proposals to reduce minimum spreads of equities, Real Estate Investment Trusts (REITs) and other Applicable Securities (excluding Exchange Traded Products (ETPs), debt securities, Exchange Traded Options (ETOs) and Structured Products) in two phases received support from a majority of respondents, both in terms of the tot ………………………………