Hong Kong Stock Exchange: Promoting transition preparation work Paperless securities market will come into effect in early 2026.

On May 30th, the Hong Kong Stock Exchange provided the latest reference materials for market participants and issuers to prepare for the paperless securities market system to be implemented in 2026. The paperless securities market will apply to securities listed or to be listed on the Hong Kong Stock Exchange, by reducing the need for paper and manual handling processes, promoting straight-through processing, improving the local financial market infrastructure, and enhancing the efficiency and competitiveness of the Hong Kong securities market. Depending on market readiness, the paperless securities market will come into effect in early 2026 after relevant legislative processes are completed. The Hong Kong Stock Exchange has been closely collaborating with the Securities and Futures Commission of Hong Kong and the Hong Kong Securities and Clearing Company Limited, supporting the market in operational readiness for the implementation of the paperless securities market.