HKEX's Charles Li: Will publish a white paper on whether the Hong Kong stock market should implement T+1 settlement in the first half of next year
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Hong Kong Exchanges and Clearing Limited (HKEX) CEO Laura M Cha announced that a white paper on whether to implement T+1 settlement in the Hong Kong stock market will be released in the first half of next year. She pointed out that there is an increasing demand in the market for rapid fund inflow and outflow, and HKEX will optimize its systems with the goal of being technically ready for T+1 by the end of next year. The final decision on implementation will be based on the opinions of market stakeholders, with the main obstacle to T+1 being market readiness rather than technical issues
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