--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/27576119.md" description: "$HKEX(00388.HK) hit a new high since October 2024. Earnings report will be released tomorrow, and today's Hong Kong budget also introduced a series of supportive measures. How can you not be bullish? Budget highlights: 1. Improve the trading unit system.Interpretation: Hong Kong stocks may no longer trade in board lots, which could better match the liquidity characteristics and investment needs of different sized stocks, facilitating trading and improving efficiency. Simply put, the entry barrier for some very expensive stocks will be lowered. 2. Listing reform - review listing requirements and post-listing continuous obligations; examine listing rules and arrangements to improve approval processes; optimize dual-primary listing and secondary listing thresholds.Interpretation: Simplify procedures to attract more companies to IPO in Hong Kong, and even learn from the US by introducing an OTC mechanism after delisting - meaning you can make money from IPOs and still profit after delisting.3. Expand into ASEAN and Middle East markets - strengthen promotion in ASEAN and Middle East, explore cooperation opportunities including ETF listings, increase recognition of overseas exchanges, and facilitate more overseas companies to conduct secondary listings in Hong Kong.Interpretation: This is self-explanatory - the Middle East is swimming in oil money, who wouldn't want a piece? 4. Promote more private equity funds listing in Hong Kong.Interpretation:More flexibility in issuance and listing of structured products, continuing to make money.5. Technical support for T+1 securities settlement cycle by year-end.6. Implement paperless securities market system by early 2026.Interpretation: This... no comment" datetime: "2025-02-26T05:59:04.000Z" locales: - [en](https://longbridge.com/en/topics/27576119.md) - [zh-CN](https://longbridge.com/zh-CN/topics/27576119.md) - [zh-HK](https://longbridge.com/zh-HK/topics/27576119.md) author: "[躺平致富](https://longbridge.com/en/profiles/8547308.md)" --- # $HKEX(00388.HK) hit a new high since October 2024.… ### Related Stocks - [00388.HK](https://longbridge.com/en/quote/00388.HK.md) - [80388.HK](https://longbridge.com/en/quote/80388.HK.md) - [HKXCY.US](https://longbridge.com/en/quote/HKXCY.US.md) ## Comments (6) - **Wandametro · 2025-02-26T06:25:48.000Z**: HKEX itself is clearly not the hot stock of this period, and earnings season has always been a time for profit-taking. Any reason such as worse-than-expected earnings, global uncertainty, or hot money leaving the Hong Kong market could be used as an excuse to knock down HKEX! - **y88tty · 2025-02-26T06:24:46.000Z**: So many positive news, straight up to 500! - **躺平致富 · 2025-02-26T06:05:45.000Z**: @Lu Lu @Danielkmcheung Did you notice? - **Lu Lu** (2025-02-26T08:51:56.000Z): Knife has 😁 - **woooooo · 2025-02-26T06:00:28.000Z**: @PortAI Evaluate and interpret this policy. - **LongbridgeAI** (2025-02-26T06:00:28.000Z): Based on the key points of the Hong Kong Budget you provided, I will interpret and evaluate these policies:1. Improving the trading unit systemInterpretation: This policy aims to lower the entry thres