Hong Kong’s stock market has moved into line with global peers, with the exchange operator’s launch yesterday of a circuit breaker to prevent extreme volatility.
The stock-specific approach differs from an attempt by China this year to tame extreme price moves, which regulators had to scrap after only four days when it resulted in the shutdown of the entire stock market within the first half hour of trading on January 7.
The volatility control mechanism has been introduced in an effort to prevent “extreme price volatility arising from major trading errors and other unusual incidents”, Hong Kong Exchanges & Clearing said.
您已閱讀20%(626字),剩餘80%(2468字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。