It was announced on Wednesday that Hong Kong Exchanges and Clearing is seeking expressions of interest from the market in developing a business model for the free dissemination of basic real-time HKEx market prices on websites.
By exploring the feasibility and possible arrangements for providing such information
on one or more web portals in Hong Kong and the Mainland, HKEx explained that it aims to increase
market transparency, raise the local market profile in the Mainland to prepare
for closer integration of the two markets, and explore a new revenue stream.
The request will be posted on the HKEx website on Thursday, September 18, and
will be published in two Hong Kong and two Mainland newspapers before the end
of this month.
The deadline for responses is October 17, at noon.
HKEx currently provides 15-minute delayed basic stock prices on its website.
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