Hong Kong Exchanges and Clearing said the bourse is reviewing feedback about the consultation. Hong Kong's market turnover has been picking up in recent trading days, from the lows of less than HK$80 billion to over HK$100 billion. The concerns about personal safety and transportation during adverse weather are often cited by those who disagreed with the reform. The Hong Kong Securities & Futures Professionals Association, representing small brokerages, also argued it is impossible for hundreds of firms to upgrade their digital systems in the short run. Since 2018, the Hong Kong market has been suspended 11 times due to the adverse weather regime.

Source: The Standard March 15, 2024 07:15 UTC