Hong Kong urged to extend stock trading hours to keep up with rivals

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Hong Kong is being urged to extend its stock trading hours to remain competitive as a global financial hub. Kenny Shui Chi-wai of the Our Hong Kong Foundation suggested the extension at a forum on Monday, noting that exchanges in London and New York are exploring near 24-hour trading. Currently, the Hong Kong stock market operates for 5½ hours on weekdays, significantly less than other major exchanges. The proposal aims to increase transactions and maintain Hong Kong's competitiveness in capturing global liquidity. Shui also recommended lowering the investment threshold for mainland Chinese investors under the Stock Connect scheme to attract more capital to Hong Kong.
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