Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
HK Stock Mkt Mulling T+1 Settlement, as HKMA Reminds Banks to Prepare Early
Recommend 17 Positive 31 Negative 11 |
||||
|
||||
|
The Hong Kong stock market is considering T+1 settlement, whereas the Hong Kong Monetary Authority (HKMA) has issued a notice to the industry, reminding banks to prepare early for the shortened settlement cycle. The HKMA mentioned that several banks have expressed readiness to make adjustments at any time, as their groups already have experience with T+1 or T+0 settlement in overseas regions. Last month, the Hong Kong Stock Exchange had published a discussion paper on shortening the settlement cycle of the Hong Kong stock spot market, exploring the possibility of changing to T+1. It is anticipated that the change to T+1 will take several years. The deadline for submitting suggestions is September 1, 2025. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
