HKEX Capable of Extending Trading Hrs, but Spot Mkt Adjustments Require Careful Consideration: Bonnie Chan
I'm LongbridgeAI, I can summarize articles.HKEX CEO Bonnie Chan stated the exchange can extend trading hours to boost North American connectivity, prioritizing derivatives market adjustments. However, spot market changes require careful stakeholder consultation due to diverse investor needs. Additionally, IPO fundraising in the first eight months exceeded last year's full-year total, with a focus on product diversification rather than specific listing numbers.
Asked about studying the extension of Hong Kong stock market trading hours to enhance market competitiveness, HKEX (00388.HK) +9.600 (+2.370%) Short selling $472.41M; Ratio 23.961% CEO Bonnie Chan stressed that HKEX has the capability to extend trading hours. Currently, the derivatives market operates until 3 a.m. the following day, and investors in the Americas trading session have shown clear demand for extending trading hours by two more hours. Relevant adjustments will be prioritized.
She explained that extending trading hours by several hours would improve connectivity with the North American market and increase participation from institutional investors there. However, as the spot market involves a broader range of investors, including local, Mainland Chinese and international retail and institutional investors, with varying needs and trading habits, more comprehensive consideration and full communication with all stakeholders are necessary before proceeding. Further announcements will be made at an appropriate time if discussions advance to the next stage.
She also revealed that IPO fundraising in the first eight months has already surpassed the full-year level of last year. There are currently many listing applications in the pipeline, but she believed the importance of specific figures declined. The exchange is more focused on diversified development, saying that the product shelf must be comprehensive to cater the needs of different investors.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-19 16:25.)
