logo
Should Hong Kong follow if London opts for 24-hour stock trading? City brokers are divided

Should Hong Kong follow if London opts for 24-hour stock trading? City brokers are divided

A media report overt the weekend saying the London Stock Exchange Group (LSEG) is considering 24-hour trading has raised questions about whether Hong Kong's bourse could similarly lengthen its transaction hours to cater to a younger generation of trade-anytime investors.
The Orion Derivatives Platform (ODP), developed by Hong Kong Exchanges and Clearing (HKEX) for roll-out in 2028, would give Asia's third-largest capital market the capability to 'offer near 24-hour derivatives trading, introduce new products and provide enhanced efficiency,' the HKEX said in April last year.
The exchange has not disclosed any plans to change its trading hours, which currently run for 5.5 hours every weekday from 9.30am to 4.00pm, with a one-hour lunch break in between. That put Hong Kong in the middle among global markets: 4 hours in Shanghai and Shenzhen, 5 hours in Tokyo, 6.5 hours in the US and Canada, 8.5 hours in London, and 14 hours in Frankfurt.
'If HKEX expands its trading hours, it would help [boost] the market turnover and attract international investors,' said Kenny Ng Lai-yin, a strategist at Everbright Securities International. 'But there will be a lot of investments needed by the exchange and the brokerage industry, [so] it needs a balance on whether to extend the trading window to 24 hours.'
The final day of floor trading on the Hong Kong stock was on October 27, 2017. Trading thereafter was done entirely digitally via scripless dealing. Photo: Edward Wong
HKEX declined to comment. The LSEG was weighing its options on whether to introduce 24-hour trading to meet growing demand from small investors, the Financial Times reported on Sunday, citing unidentified sources. LSEG declined to comment when asked by the Post.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

China's top court showcases how landmark private sector law is being enforced
China's top court showcases how landmark private sector law is being enforced

South China Morning Post

time37 minutes ago

  • South China Morning Post

China's top court showcases how landmark private sector law is being enforced

China's Supreme People's Court has released a series of court rulings to illustrate how a wide-ranging private sector law passed this year is safeguarding the rights and interests of entrepreneurs. Advertisement 'The release of these cases demonstrates how the courts are applying the law to safeguard the private economy... and aims to boost public confidence – particularly among private business owners,' the court said in a recent statement. The 12 rulings, drawn from courts at various levels across the country, are also intended to guide the judiciary in their efforts to improve legal protections for private sector development, the court added. The move was reported on Tuesday by the People's Daily, the ruling Communist Party's mouthpiece, and came as Beijing seeks to restore private investor confidence amid economic headwinds, including a slowing economy and the US-China trade war Enacted on May 20, the Private Economy Promotion Law consists of 78 articles aimed at ensuring fair market competition, encouraging private sector participation in science and technology projects, and strengthening legal protections for businesses. Advertisement The rulings highlighted by China's top court last week focused on equal treatment before the law, safeguarding innovation, protections for businesses engaged in international trade, and fostering the lawful, healthy growth of private companies. Most of the cases involved disputes between private firms and state-backed entities. In one ruling, a small-to-medium-sized medical device manufacturer sued a state-backed hospital that had failed to pay nearly 3 million yuan (US$417,404) after purchasing diagnostic equipment.

Alibaba, ByteDance kick off campus recruitment campaigns as AI drives growth
Alibaba, ByteDance kick off campus recruitment campaigns as AI drives growth

South China Morning Post

time2 hours ago

  • South China Morning Post

Alibaba, ByteDance kick off campus recruitment campaigns as AI drives growth

Chinese tech giants Alibaba Group Holding and ByteDance are targeting fresh graduates in separate recruitment campaigns, a sign of their confidence in future growth driven by AI adoption. Taobao and Tmall Group, Alibaba's e-commerce unit, kicked off its global recruitment campaign on Tuesday, offering an unspecified number of roles to students who were due to graduate between November 2025 and October 2026. According to the job posting, half of the roles would be related to artificial intelligence, as the group promised to spend more resources on training 'algorithm and AI talent'. Alibaba owns the South China Morning Post. Alibaba has also been driving a global AI recruitment initiative . The AI Clouder Programme, co-organised by its Alibaba Cloud unit and Tongyi Lab, aims to 'identify and nurture top-tier AI talent for the new era'. Separately, TikTok and Douyin owner ByteDance was offering 5,000 jobs to fresh graduates as part of its 2026 campus recruitment campaign. According to the ByteDance job posting, students who finish their studies between September 2025 and August 2026 could apply for 'research and development' roles, marking a 23 per cent increase from last year's campus recruitment figure, while the number of 'product' jobs available would double.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store