HKEX: Consultation on Proposed Reduction of Minimum Listing Prices for Stocks in Hong Kong Securities Market

On June 28, 2024, the Hong Kong Stock Exchange issued a consultation paper proposing to lower the minimum tick size for stocks in the Hong Kong securities market. The Hong Kong Stock Exchange recommends lowering the minimum tick size for stocks in certain price ranges to reduce overall transaction costs and enhance liquidity. The proposal is to be implemented in two phases, with a 50% to 60% reduction in the minimum tick size for stocks priced between 0.5 and 50 Hong Kong dollars. The consultation period will end on September 20, 2024.

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