Hong Kong’s securities watchdog will implement the uncertificated securities market regime as planned in early 2026, after all necessary legislation has been approved.
The starting date will be subject to market readiness, the Securities and Futures Commission said.
The SFC is working with Hong Kong Exchanges and Clearing (0388) and the Federation of Share Registrars on a detailed five-year implementation timetable which will cover issuers from Hong Kong, mainland China, Bermuda and the Cayman Islands.
This initiative is expected to further increase efficiency in the local securities market, as well as provide investors with better protection and trading convenience.
The SFC also launched a dedicated webpage on Thursday to provide one-stop access to all useful information, including a set of frequently asked questions to help listed issuers and investors better understand their rights and obligations under the new initiative.
STAFF REPORTER
