The Hong Kong stock market will lower the minimum trading price on August 4th.

The first phase of lowering the minimum tick size in the Hong Kong stock market will take effect next Monday, August 4th. After it goes into effect, the applicable securities with price ranges from 10-20 Hong Kong dollars and 20-50 Hong Kong dollars will see their minimum tick sizes lowered to 0.01 and 0.02 Hong Kong dollars, respectively. The minimum tick size is the smallest price increment at which a stock can move, and this measure is aimed at reducing trading costs and improving trading efficiency in the market.