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Hong Kong Brokers Balk as Their Long Lunch Reviewed

Hong Kong stockbrokers may lose their traditional two-hour lunch break, the longest among the world’s 20 largest markets, as the city’s exchange seeks more business from China.

Hong Kong Exchanges & Clearing Ltd., operator of Asia’s third-biggest stock market, will start consultation on the move that Chief Executive Officer Charles Li said would align the city more closely with China. The stock exchange proposes trading begin a half hour earlier at 9:30 a.m. with a one-hour break at noon, keeping the close at 4 p.m., Li said in Hong Kong on Aug. 11. Shanghai’s trading hours run from 9:30 a.m. to 3 p.m. with a 90-minute break between 11:30 a.m. and 1 p.m.