The Zhitong Finance App learned that the Hong Kong Stock Exchange published a consultation document in April this year, recommending shortening the settlement cycle for the Hong Kong stock spot market from the current “T+2” to “T+1”, and is expected to be implemented as soon as the fourth quarter of 2027. “Shorter settlement cycles help market participants use capital more efficiently and reduce associated market settlement risks.” The Acting Secretary for Treasury of Hong Kong, Chan Ho-lai, said in writing in response to members' questions at the Legislative Council meeting that promoting the adoption of a T+1 settlement cycle in the stock spot market is an important part of optimizing market infrastructure, keeping Hong Kong's settlement cycle in line with international trends, promoting the smooth flow of capital with overseas markets, and helping to further consolidate and enhance Hong Kong's status and position as an international financial center.

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