STOCKS | HKICPA Welcomes HKEX Proposals on Lowering Board Lot Value Threshold

The Hong Kong Institute of Certified Public Accountants (HKICPA) said it welcomed multiple proposals raised by Hong Kong Exchanges and Clearing (HKEX, 0388) in a consultation paper, including lowering the minimum board lot value threshold and standardizing board lot trading units, according to Ming Pao. HKICPA said these proposals, which it supports, have been incorporated into the final implementation framework. It urged HKEX to consider its remaining recommendations in future enhancement measures, including further reducing board lot trading unit options to four choices: 1, 100, 2,000 and 10,000 shares, particularly by introducing a “one share per board lot” arrangement.