Hong Kong Advances to the Next Stage of Liquidity Reform
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AI-assisted source synthesis · not an independent investigation.
On October 12, 2026, Julia Leung, Chief Executive Officer of the Hong Kong Securities and Futures Commission, said that Hong Kong is advancing to the next stage of liquidity reform. She said that Hong Kong's average daily stock trading value has exceeded HKD 270 billion this year, an increase of 160% from 2023. The reform measures include promoting cross-market margining, studying the establishment of a one-stop post-trade platform, and setting a timeline for implementing T+1 settlement. Starting in November, the reforms will also cover the board lots of all listed companies. Meanwhile, Hong Kong Exchanges and Clearing and the Hong Kong Monetary Authority are testing the use of e-HKD to pay after-hours margin.
AI-written from reports · updated 7 days ago
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- Fintech News Hong KongSFC's Julia Leung outlines arrangements for the next phase of Hong Kong's liquidity reforms
SFC Chief Executive Julia Leung said Hong Kong is advancing the next phase of its liquidity reforms. Average daily stock trading turnover this year has exceeded HK$270 billion, up 160% from 2023. The reforms include cross-market margining, exploring a one-stop post-trade platform, setting a timeline for T+1 settlement, and a board lot size reform covering all listed companies starting in November. HKEX and HKMA are testing e-HKD for after-hours margin payments.
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