[HKEX to Publish Discussion Paper on Extending Spot Market Trading Hours in Q4] BlockBeats News, October 9 – On Friday, Hong Kong Securities and Futures Commission (SFC) CEO Julia Leung Fung-yee spoke at the Asia Securities Industry & Financial Markets Association (ASIFMA) conference, stating that measures to reform the market microstructure are being studied. These include extending securities trading hours, with initial implementation planned for the derivatives market. This move aims to help investors respond promptly to the fast-changing global markets across different time zones, ensuring Hong Kong maintains its competitive edge. In the long term, the policy of extending trading hours will be complemented by other innovative measures expected to be implemented, such as tokenized currencies and digital Hong Kong dollar settlement arrangements. Together, these measures will provide investors with greater flexibility to adjust positions and manage risks based on the latest market information. HKEX will publish a discussion paper in the fourth quarter on extending spot market trading hours and welcomes everyone to actively share their opinions at that time.