Hong Kong Securities and Futures Commission's Huang Tianyou: Considering comprehensive optimization of the Stock Connect and researching adjustments to the number of shares per lot for Hong Kong stocks.

GoldenOctober2024

Jin10 Data reported on June 12, at the Asian Traders Forum Annual Meeting and Stock Trading Summit 2025, the Chairman of the Hong Kong Securities and Futures Commission, Huang Tianyou, stated that the Hong Kong Securities and Futures Commission will cooperate with the Hong Kong exchange to reduce the minimum price fluctuation for applicable securities by 50% to 60% in two phases starting from mid-2025, thereby dropping overall transaction costs and enhancing liquidity. From a medium to long-term perspective, the Hong Kong Securities and Futures Commission is studying adjustments to the number of shares per trade scheme to enhance the convenience of trading high-priced and fractional shares, further improving market liquidity; the Hong Kong Securities and Futures Commission is also collaborating with the Hong Kong exchange to optimize the price discovery process for initial public offerings (IPOs).

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