Aug. 12 (Bloomberg) --Hong Kong Excghanges & Clearing Ltd., operator of Asia’s third-biggest stock market, is considering extending its trading hours to align with mainland China’s markets, said Chief Executive Officer Charles Li.
The stock exchange is proposing that the city’s trading day begin at 9:30 a.m. with a one-hour break at noon and market close at 4 p.m., Li told reporters in Hong Kong yesterday after the bourse announced a 3 percent increase in first-half profit. The market currently opens at 10 a.m. and has a two-hour break from 12:30 p.m. before closing at 4 p.m.
Changing Hong Kong’s trading hours to be more in line with those of mainland exchanges would be a further step to integrating China’s securities markets and its currency with the rest of the world.
Source: Bloomberg
