The Hong Kong Stock Exchange has lowered the minimum trading price of stocks in the Hong Kong securities market and will commence environmental testing.

The simulation testing of the Hong Kong securities market lowering the minimum price fluctuations will be conducted from May 26, 2025 to June 6, 2025, with participation from the stock exchange, securities firms, and fund companies. The purpose is to simulate the adjustment of the minimum price difference in the post-trade process of the Stock Connect business, including order placement, trade execution, market data reception and display, stock and fund clearing and settlement, to verify the correctness of the technical systems of market participants and exchanges. All data used in the testing are for simulation purposes only and have no relation to actual business activities. With the latest testing progressing, this indicates that the formal implementation is not far off. This move is expected to significantly reduce trading costs for investors and potentially improve the liquidity of individual stocks.