Chan Maobo: HKEX will consult the market on the specific implementation plan for promoting the "T+1" settlement cycle in the first half of the year

K-LinePoet · 2026-03-08T08:21:42+00:00

Hong Kong Financial Secretary Paul Chan proposed the 2026-2027 fiscal budget in the Legislative Council, emphasizing that the Hong Kong Stock Exchange will continue to improve the securities market through measures such as revising listing requirements, optimizing IPO processes, and advancing the "T+1" settlement cycle to attract more companies to list.

K-LinePoet

2026-03-08 08:21:42

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On February 25, the Financial Secretary of the Hong Kong SAR Government, Paul Chan, delivered the government’s fiscal budget for the 2026-2027 fiscal year at the Legislative Council. Paul Chan stated that to continuously optimize the securities market, attract issuers, and improve market efficiency, the Hong Kong Stock Exchange will promote the following initiatives: (1) in the first quarter, revise listing requirements for companies with different voting rights, facilitate secondary listings for overseas issuers, optimize the initial public offering process, and provide more flexibility for biotech and specialized tech companies applying for listing; (2) in the first half of the year, implement improvements to the structured product listing framework and consult the market on the specific implementation plan for promoting a T+1 settlement cycle; (3) reform the trading unit for securities transactions and, together with the Hong Kong Securities and Futures Commission and industry stakeholders, launch a paperless securities market system within the year. (Jiemian News)

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