Hong Kong outlines new liquidity reforms as US market rally pulls funds away

AI Summary

Hong Kong’s securities regulator is proposing measures to improve market liquidity, including longer trading hours and shorter settlement cycles. The reforms come as emerging markets face capital outflows amid a rally in US equities and a stronger dollar.

Hong Kong’s securities watchdog is renewing its push to boost market liquidity, setting out further reforms as emerging markets grapple with capital outflow pressure amid a rally in US equities and a strengthening dollar. Speaking at a conference organised by the Asian Securities & Financial Markets Association (Asifma) on Friday, Julia Leung, CEO of the Securities and Futures Commission (SFC), outlined measures ranging from extended trading hours and shorter settlement cycles to cross-market...