HKEX(HK:00388) Xin Lang Cai Jing·2026-02-25 04:05Group 1 - The Hong Kong Financial Secretary, Paul Chan, announced initiatives in the 2026-27 budget to enhance the securities market, attract issuers, and improve market efficiency [1] - The Hong Kong Stock Exchange (HKEX) will revise the listing requirements for "dual-class shares," facilitate secondary listings for overseas issuers, and provide more flexibility for biotech and specialized technology companies seeking to go public in the first quarter [1] - In the first half of the year, HKEX plans to implement a structured product listing framework and consult on the specific implementation plan for a "T+1" settlement cycle [1] - The securities market will undergo reforms regarding the trading unit for securities, and a paperless securities market system will be launched in collaboration with the Securities and Futures Commission (SFC) and industry stakeholders within the year [1]