HKEX(HK:00388) 中国基金报·2025-07-16 12:58Core Viewpoint - Hong Kong Stock Exchange is proposing to shorten the stock settlement cycle from T+2 to T+1, aiming to enhance the efficiency of the financial market and align with global trends [1]. Group 1: Market Context - The current settlement cycle in Hong Kong has been T+2 since 1992, while many international markets have transitioned to T+1 or shorter cycles over the past 20 years [1]. - According to the World Federation of Exchanges and International Exchanges statistics, it is projected that by the end of 2027, 88% of global stock market transactions will adopt T+1 or T+0 settlement cycles [1]. Group 2: Leadership Statements - The CEO of Hong Kong Stock Exchange, Charles Li, emphasized the importance of optimizing the financial market infrastructure to keep the financial ecosystem robust and up-to-date [1]. - He called for collaboration within the Hong Kong financial community to implement necessary optimization measures and encouraged market participants to actively engage in discussions regarding the transition [1].