The operators of HKEx want to extend their four-hour trading day by as much as 90 minutes. Currently, stock trading at 10 a.m. and runs until 4 p.m., interrupted by a two-hour lunch break.
As this article in the WSJ points out (Hong Kong Exchange’s Plan Hits a Breakwall, 9/26/2010):
Competitively, the exchange needs to do everything it can to make itself user friendly as more Chinese companies, the main source of new listings in Hong Kong, opt for domestic listings. Hong Kong also will face new, stiffer competition from Shanghai once plans to allow international companies to list in the mainland become a reality.
James McRitchie, the Publisher of CorpGov.net will be in Hong Kong in late November and/or early December. Contact for engagements.
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