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The Hong Kong Stock Exchange has implemented a reduction in the minimum change in price for Stocks in the Hong Kong securities market, thereby improving overall Trade costs and enhancing liquidity.
HKEX (Hong Kong Exchanges and Clearing Limited) published a consultation summary today (Tuesday, December 17) on the proposed reduction of the minimum price fluctuation for Stocks in the Hong Kong securities market.
Express News | The Hong Kong Stock Exchange announced a reduction in the minimum tick size for the Hong Kong securities market, to be implemented in the first phase in mid-next year.
The President of the Hong Kong Monetary Authority, Eddie Yue Wai-man: There is a need to further strengthen the connectivity with the CSI China Mainland Financials Index.
Hong Kong needs to continue actively promoting the development of its international financial center, especially by further strengthening the connectivity in the financial sector between Hong Kong and the mainland, as well as enhancing CNI Xiangmi Lake Fintech Index and expanding green finance.
Express News | The Hong Kong Hang Seng Index closed down 0.48%, and the Hang Seng TECH Index closed down 0.58%.
In November, fiscal revenue grew by 11%, reaching an 18-month high in growth rate. How should this "report card" be viewed.
Minsheng Securities stated that tax revenue performed well in November; however, non-tax revenue continues to be the main driving factor of fiscal revenue. Nevertheless, some detailed data remains unsatisfactory, such as in the areas of Consumer, foreign trade, and real estate, which overall reflects a weakness in domestic demand and that current resident consumption willingness is not strong.
Express News | The seventh meeting of the China-US Financial Working Group was held.