Bourse operator Hong Kong Exchanges and Clearing (HKEX) is considering extending trading hours to align with moves by global peers and sharpen the city’s competitiveness as an international financial centre. HKEX and the Securities and Futures Commission (SFC) confirmed that they were discussing the matter, but did not give details. The discussion was in an early stage and options included extending the afternoon close to 5pm or even 8pm, two separate sources told the South China Morning Post....
Assets and wealth under management in Hong Kong surged to a record high last year as global investors returned to Chinese assets, underscoring the city’s edge over Switzerland as a wealth hub. Financial firms in Hong Kong managed HK$42.2 trillion (US$5.38 trillion) worth of assets last year, a 20 per cent increase from the previous peak of HK$35.5 trillion in 2024, according to a report released by the Securities and Futures Commission on Thursday. Driven by the asset-management and...