HKEX to issue consultation paper on extending spot market trading hours in Q4

36Kr reports that HKMA Executive Director Leung Fong-yi stated at the Asian Securities Industry and Financial Markets Association (ASIFMA) meeting on Friday that measures to reform market microstructure, including extending securities trading hours, are under study and will be piloted in the derivatives market first. This move aims to help investors respond promptly to global markets operating across time zones and changing rapidly, ensuring Hong Kong maintains its competitive edge. In the long term, the policy of extending trading hours will be supported by other innovative measures expected to be implemented, such as tokenized currencies and digital HKD settlement arrangements. Together, these measures will enable investors to adjust positions and manage risks more flexibly in response to the latest market information. The Hong Kong Exchanges and Clearing Limited (HKEX) will issue a consultation paper on extending spot market trading hours in the fourth quarter, inviting public comments.