How T+1 settlement could sharpen Hong Kong’s edge as a financial hub
South China Morning Post
Hong Kong plans to shorten stock settlement times from T+2 to T+1 to enhance its status as a global financial hub.Summary
Hong Kong is set to shorten its stock settlement cycle from T+2 to T+1, a move proposed by HKEX and targeted for implementation in the fourth quarter of next year. This change is part of a broader effort to modernize the city's market structure, alongside listing reforms and board lot adjustments, to strengthen its position as a global financial center.
(Source：South China Morning Post)