KS-HKEX@EC2808A(22235.HK)

Trading In Shares Of Tian Ge Interactive Halted On Jan 16, HKEX Says

HKEX: TRADING IN SHARES OF TIAN GE INTERACTIVE HOLDINGS HALTED AT 9:01 A.M. ON JAN 16

Independent stock commentator David Webb has passed away at the age of 60

Independent stock commentator David Webb passed away on October 13, 2023, at the age of 60. He served as an independent non-executive director of the Hong Kong Exchanges and Clearing (HKEX) and was dedicated to enhancing market transparency and corporate governance. Webb was born in London in 1965, was a former investment banker and a consultant at KPMG, and founded Webb-site.com in 1998, actively participating in the supervision of the securities market. Webb publicly announced his prostate cancer diagnosis in 2020 and gradually ceased operations of his website

The Hong Kong Exchanges and Clearing (HKEX) will implement the second phase of reducing the minimum tick size in mid-year

HKEX plans to implement the second phase of measures to reduce the minimum tick size for securities trading in mid-year, applicable to stocks priced between HKD 0.5 and HKD 10. The minimum tick size will be reduced from HKD 0.01 to HKD 0.005, a decrease of 50%. Chief Operating Officer Liu Bi-yin stated that the first phase of reforms has significantly narrowed the bid-ask spread, reduced trading costs, and enhanced liquidity. The second phase will further optimize market efficiency and consolidate Hong Kong's position as an international financial center

The Sword of Damocles over Hong Kong Stocks: IPO Peak and Unlocking Peak

Analysis of the impact of the IPO peak and lock-up expiration peak on the market trend of Hong Kong stocks. The Hong Kong Stock Exchange expects 117 IPOs in 2025, raising a total of HKD 285.9 billion, with the market anticipating continued strength in 2026. Although the primary market's siphoning effect has limited impact on the trend of Hong Kong stocks, the wave of lock-up expirations may lead to market volatility. Lock-up expiration does not necessarily mean that shares must be sold; better-than-expected performance may attract new funds to buy, offsetting the selling pressure from cornerstone investors

MiniMax announced on the Hong Kong Stock Exchange that it has fully exercised the over-allotment option