Hong Kong Stock Exchange: Release of discussion paper on shortening the settlement cycle of the Hong Kong stock market.

The Zhixuan financial APP learned that the Hong Kong Stock Exchange issued a discussion paper today on shortening the settlement cycle of the Hong Kong stock spot market, aiming to guide the market to start discussions on this matter and reach a consensus with the industry on how and when to shorten the settlement cycle. This discussion on the settlement cycle only involves the settlement of secondary market transactions in the stock spot market, and does not involve the settlement of primary market transactions (such as new stock subscriptions).