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zohenigh7w8h
Posted: Sat 8:14, 14 May 2011
Post subject: Charles Li securities manufacture this annual ambi
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Charles Li, Chief Executive of HKEx today with 7 brokers and brokers unions met together to defer Hong Kong stocks trading hours issues . HKEx trading hours delay is the opportunity to grab the internationalization of RMB important tread .
Charles Li interim results press meeting ashore the HKEx said the Hong Kong mart and the Mainland market, scale up obvious correlation , integration with the Mainland market trading hours , granting the market apt accomplish better amount breakthrough . He tensioned namely Hong Kong in the process of internationalization of RMB is a quite major rank , should have to bear duty for the renminbi offshore centre .
Charles Li preparatory recommendations : morning and afternoon opening time synchronization with the mainland , opening half an hour earlier at 9:30 am , 12:00 midday to close in the afternoon to 1:00 before the market opened , the total transactiin due time from 4 hours to 5.5 hours . Hong Kong shares are now trading hours of 10:00 am and 12:30 am and 2:30 pm ~ 4:00 pm , Shanghai and Shenzhen trading hours of 9:30 am to 11:30 am , 1:00 ~ 3:00 .
Charles Li Association today with seven brokers and broker groups together to delay materials, including the Securities Industry Association in the capital of Securities Dealers Association, Securities Industry Association , Securities Institute ,
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, the Securities and Futures Industry Staff Union , Association of Online Brokers , vocational monetary Analysis and Critics Association ,
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, interchange views on the trading session delay .
Securities Dealers Association Chairman Cai Sicong yesterday on the "First Financial Daily " correspondents that the industry for Hong Kong stock market opened the morning time integration with the Mainland, the basic no criticism , is now focused effectively in the afternoon opening and closing time.
Cai Sicong that, whether brought ahead to 1:00 pm opening , industry in particular is an intermediary, for customers often use the opportunity to interview for luncheon , extra tough to accept only a an hour luncheon time arrangements. He said the manufacture generally preferred 1.5 hours lunch time arrangements , yet whether the morning market and the Stock Market later the close synchronization in the 11:30 lunch , do no meet folk 's living habits .
Cai Sicong too said that the industry will be emulated by the HKEx loosened a consultation paper for beyond information. He believes that the opener is not to extend the closing time in array to shirk including accommodation prices and other links . In fact
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Charles Li, Chief Executive of HKEx today with seven brokers and brokers associations met together to delay Hong Kong stocks trading hours issues
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