HKEX to reduce minimum spread of 300 stocks from Monday to cut cost, boost trading
Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock market, will reduce the minimum trading spread for about 300 stocks starting Monday, a move aimed at lowering transaction costs and increasing turnover. “The minimum spread is the minimum price change for a stock traded on an exchange and determines the tightest bid-ask spread…