Hong Kong Mulls Lowering Threshold to Buy Most Expensive Stocks
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Hong Kong’s stock exchange is discussing options to lower the threshold for investors to buy some of the city’s most expensive stocks to stoke trading, according to people familiar with the matter.
In background meetings between Hong Kong Exchanges & Clearing Ltd. and the brokerage community in recent weeks, bourse officials raised the option of streamlining the minimum trading unit, or board lot, of each stock, the people said, asking not to be named because the matter is private.