Hong Kong's Treasury Secretary Denies Delay in Allowing Stock Market Operation During Typhoons

Monday, 20 May 2024, 08:30

The Treasury Secretary of Hong Kong, Christopher Hui Ching-yu, refuted claims of a delay in implementing a crucial stock market reform that aims to keep trading active amidst typhoons and heavy rainfall. This decision is significant as it showcases the government's commitment to ensuring market stability and accessibility during adverse weather conditions, potentially reflecting on investor confidence and efficiency in financial operations. Contrary to media reports, the plan to allow the stock market to function as usual during severe weather remains on schedule, indicating a proactive approach to financial regulations and market operations.
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Hong Kong's Treasury Secretary Denies Delay in Allowing Stock Market Operation During Typhoons

Key Updates on Hong Kong Stock Market Reform

The financial services secretary, Christopher Hui Ching-yu, has denied media reports of a delay in crucial stock market reform in Hong Kong.

Denial of Postponement

Hui confirmed that the plan to allow trading to continue during typhoons and torrential rains remains unchanged.

This decision reflects the government's commitment to market stability and investor confidence.

  • Contrary to reports, the stock market reform is on track.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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