HKEx (00388.HK) announced that it will implement the pre-opening session on 19 October. The pre-opening session will no longer cover all securities and will only cover all equity securities (including depository securities, investment companies, preference shares and staples securities), funds (including Exchange Traded Funds and REITs) and Leveraged and Inverse Products.

HKEx said that in order to ensure the consistency of securities in the pre-opening session and AIP, L&I products will be covered from the same day.

In order to prevent extreme price fluctuations of ETFs (including ETFs and L&I Products) during the pre-opening session on the first day of listing, a fine-tuning scheme will apply to the 15% price limit of the pre-opening session in addition to the previously announced enhancements. Exchange-traded products on the first day of the city. The NAV per unit of the product before the listing date will be used as the reference price during the pre-opening period for price testing. In the future, issuers of ETFs are required to publish their NAV per unit on the HKEx website before 5:00pm on the trading day before the listing day. (gc/da) ~

ASDAK Financial News

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