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HK needs to have broad innovation development: FS

Financial Secretary Paul Chan said on Monday that Hong Kong has to fully support the construction of the local innovative industry, in order to
The article from RTHK discusses the ongoing debate over the potential expansion of the Hong Kong Stock Exchange's trading hours. The Hong Kong Exchanges and Clearing Limited (HKEX) is considering extending trading hours to align more closely with mainland China's markets, aiming to enhance competitiveness and attract more investors. This proposal has sparked a divide among market participants. Proponents argue that longer trading hours could boost liquidity and provide more trading opportunities, especially for retail investors. Conversely, critics, including some financial institutions and traders, express concerns about increased operational costs, staff fatigue, and the potential for reduced efficiency. The HKEX has initiated a consultation process to gather feedback from various stakeholders before making a final decision.

Read the Full 香港電台網站 Article at:
[ https://news.rthk.hk/rthk/en/component/k2/1783730-20241216.htm ]