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HKEX to Launch Simulation Test for 'Full Circulation' Trading & Clearing Settlement
Recommend 27 Positive 22 Negative 28 2025/06/06 08:12 GMT
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To ensure the smooth implementation of the adjusted share settlement fees, HKEX (00388.HK) will conduct a simulation test for trading and clearing settlement revolving around Southbound Stock Connect, B-to-H share conversion, and H-share "full circulation" on June 17-27, Chinese media reported. This test aims to verify the accuracy of technical systems among all market participants and to prepare for a seamless transition to the new fee structure. HKEX announced an optimized stock settlement fee structure in February, removing both the minimum and maximum fee caps and unifying the fee rate at 0.42 bps (0.0042%) per transaction. The new standard will be officially implemented this month.
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