Hong Kong’s Financial Secretary Paul Chan has announced that the city’s bourse will study a series of proposals on the optimisation of its trading mechanism, including arrangements for maintaining operation of the market under inclement weather. He said that Hong Kong Exchanges & Clearing (HKEX) will also put forward specific reform recommendations on Hong Kong’s GEM board this year. Trading halts due to severe weather are seen as increasingly antiquated given that the global finance industry has adjusted to remote working amid the pandemic. They are also likely to be increasingly inconvenient, as extreme weather events linked to climate change grow more common.
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