Lawmaker urges market reform to boost competitiveness

Staff reporter

The Hong Kong government should review of stock lot sizes and improve the delisting mechanism to enhance the financial market's competitiveness, said Robert Lee Wai-wang, the lawmaker representing the financial services sector.

At a new year reception of the financial services industry, Lee emphasized the need for financial market reform in response to industry expectations that "were previously unmet."

He also called for measures including establishing an over-the-counter trading board, boosting the attractiveness of Growth Enterprise Market, easing retail investor participation, and reviewing market efficiency.