According to informed sources, the Hong Kong Exchange is exploring a plan to lower the investment threshold for investors to purchase certain High Stock Price stocks in Hong Kong to stimulate Trade. These sources stated that in recent weeks, at a private meeting between the Exchange and the brokerage Industry, Exchange officials proposed a plan to simplify the minimum trading unit for each stock (i.e., the ‘number of shares per lot’). Currently, the number of shares per lot is set by each company and varies from 100 shares to several thousand shares. According to informed sources, the Exchange has not indicated a preferred direction. They also stated that the relevant policies are still being formulated, and the timetable and scope are still unclear. (Bloomberg)
