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Follow Us on WeChat Highlights HKEX proposes to reduce stock minimum spreads within certain price bands, with an aim to lower overall transaction costs and boost liquidity Two-phase approach will be adopted to reduce minimum spreads from HK$0.5 to HK$50 by 50-60% The consultation period will end on 20 September 2024 HKEX is today pleased to publish a Consultation Paper on the proposed reduction of minimum spreads in the Hong Kong securities market. The consultation period will last for 12 weeks, ending on 20 September 2024. HKEX is proposing a reduction of the minimum spreads of equities, Real Estate Investment Trusts (REITs), and equity warrants (collectively, Applicable Securities) in Hong Kong’s securities market, as part of ongoing efforts to enhance its market microstructure and liquidity. HKEX’s proposal adopts a gradual, two-phase approach to reduce the minimum spreads of selected price bands, following a holistic review of the liquidity profile of the Applicable Securities.
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