Hong Kong Starts Closing Auction Amid Broker Change Efforts

Updated on
  • HKEx reintroduces closing auction after a seven-year break
  • Brokers want to amend orders in session’s final minutes

Hong Kong Reintroduces Closing Auctions Starting Today

Hong Kong Exchanges & Clearing Ltd.’s new stock closing auction debuted successfully on Monday, though brokers in the city are said to be pushing for changes to the system, according to two people familiar with the discussions.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.