HONG KONG: HKEX Launches 2018 Work Plan

Wednesday January 24 2018

On 24^th January 2018, the Hong Kong Stock Exchange launched its 2018 Work Plan which details the implementation of key regulatory changes. These changes include:

• Reforming the Listing System
• Launching a New Trading System for Securities and Derivatives Markets
• Strengthening Risk Management Procedures
• Researching an Optimized Market Structure

The framework of these changes are based on previous consultation. At the end of 2017, the Hong Kong market reached a consensus on the direction of the reform and laid the groundwork for the Hong Kong Stock Exchange to amend the Listing Rules and meet the requirements for more innovative companies to list on the Main Board and to amend their secondary listing requirements .

These initiatives will build on the significant progress already made in HKEX’s Strategic Plan 2016-2018.

Changes which have been made to date include the launch of:

• Shenzhen-Hong Kong Stock Connect in December 2016 and a series of enhancements to the Stock Connect scheme;
• Bond Connect in July 2017;
• Various products, including Renminbi Options (USD-CNH* Options), Gold Futures and Iron Ore Futures;
• Enhancements to stock option position limit regime; and
• Extension of after-hours derivatives trading hours

For additional information please click the link above