Hong Kong stock exchange to reduce minimum price changes to boost liquidity
Bourse operator Hong Kong Exchanges and Clearing (HKEX) is set to reduce the minimum swing for stock prices by up to 60 per cent, in a move to bolster liquidity and transactions in Asia's third-largest capital market. The reduction of the minimum price change, which determines the tightest bid-ask spread allowed, will encourage smaller trades. It will apply to equities, real estate investment trusts and other applicable securities - excluding debt securities, exchange-traded options and products