HKEX (00388.HK) -0.600 (-0.141%) Short selling $98.62M; Ratio 14.807% published a discussion paper hoping to lead market-wide discussion on the accelerated settlement for the Hong Kong cash equities market. Its cash market has been operating under a T+2 settlement cycle since 1992, HKEX said. In recent years, major global markets such as mainland China, the US and India have already adopted T+1 settlement, and it is forecasted that 88% of cash equities globally by trade value will be in T+1 or T+0 markets by 2027.Related NewsCICC Predicts HKEX's 2Q25 Earnings to Rise 31% YoY; Rating Kept OutperformGroup Chief Executive Officer Bonnie Chan said that optimizing the clearing system is the key to maintaining Hong Kong's competitiveness as an international financial center, and emphasized that the global financial market landscape is rapidly evolving. Chan called on the industry to actively participate in the discussion and submit their feedback by 1 September, so as to build consensus.The settlement cycle acceleration under discussion covers secondary transactions in the Hong Kong Cash Market. Primary transactions such as IPO are not included in this discussion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-18 12:25.)Related NewsDaiwa: Investors Expect a 'Consolidation Period' for CN Stocks Next 6 Mths; Low Expectations for Real Estate Stimulus