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Computershare Conducts Testing for Paperless Securities
Recommend 8 Positive 12 Negative 2 |
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To enhance market efficiency, Hong Kong will transition to a paperless securities market in phases from 2026 until 2030. HKEX (00388.HK) envisions that once the paperless securities market is fully implemented, almost all Hong Kong-listed securities can be held in paperless form. Richard Houng, CEO, Asia Issuer Services, Computershare, stated that preparations have been made for the paperless securities market regulations to be implemented next year. System testing is currently underway, and they will apply to become an approved securities depository institution, committed to assisting investors in experiencing the future of securities dematerialization. AASTOCKS Financial News Website: www.aastocks.com |
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