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HKEX Seeks Feedback on Optimizing Board Lot Framework; Min. Board Lot Value Guidance Halved to HKD1K w/ Introduction of Ceiling Guidance HKD50K
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HKEX (00388.HK) published a consultation paper on proposed enhancements to the board lot framework in the Hong Kong securities market, supporting efficiencies across trading, clearing and settlement processes. The consultation is open for a 12-week period, concluding on March 12, 2026. HKEX has conducted a holistic review of the existing board lot mechanism, and is now seeking market feedback on adopting a more streamlined and simplified framework for board lots, including reducing the number of different board lot units available for equities, REITs, and other applicable securities from over 40 to eight standardized board lot unit options, namely 1, 50, 100, 500, 1,000, 2,000, 5,000, and 10,000 shares. If implemented, around 25% of listed issuers will need to adjust their board lot sizes. It is also suggested that board lot value floor guidance should be reduced by 50% from the current level of HKD2,000 to HKD1,000 to account for lower costs to execute trades. At the same time, a new board lot value ceiling of HKD50,000 will be introduced for issuers that adopt board lot units larger than 100 shares. AAStocks Financial News |
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