Group 1 - The Hong Kong government, represented by Financial Secretary Paul Chan, announced the 2026-2027 fiscal budget aimed at optimizing the securities market to attract issuers and enhance market efficiency [1] - The Hong Kong Stock Exchange (HKEX) plans to revise the listing requirements for companies with dual-class shares, facilitate secondary listings for overseas issuers, and provide more flexibility for biotech and specialized technology companies in the IPO process [1] - HKEX aims to implement a structured product listing framework and consult on the specific implementation plan for a "T+1" settlement cycle within the first half of the year [1] - The securities market will undergo reforms regarding the trading unit size, and a paperless securities market system is expected to be launched in collaboration with the Hong Kong Securities and Futures Commission and industry stakeholders within the year [1]
陈茂波:港交所将在上半年就推动“T+1”结算周期的具体实施方案咨询市场