Hong Kong to Consider Allowing Stock Trading During Severe Weather
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Hong Kong stock traders may no longer get their “typhoon holidays” as the city’s bourse explores arrangements to continue trading under severe weather.
Hong Kong Exchanges & Clearing Ltd. will study a series of proposals on the optimization of its trading mechanism, including “arrangements for maintaining operation for the market under inclement weathers,” the city’s Financial Secretary Paul Chan announced in his budget speech Wednesday. The exchange operator will also put forward specific reform recommendations on Hong Kong’s GEM board this year, he added.