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PRODID:-//Catalyst Calendar//CN-US Event Research//ZH
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X-WR-CALNAME:Catalyst Calendar
X-WR-CALDESC:Market-moving event research, reminders and post-event review.
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UID:evt-hkex-minimum-spread-phase2-mid2026@catalyst-calendar.local
DTSTAMP:20260720T200525Z
DTSTART:20260715T013000Z
DTEND:20260715T020000Z
SUMMARY:港交所证券市场最小上落价第二阶段缩窄实施观察窗口
DESCRIPTION:港交所证券市场最小上落价改革第二阶段计划在2026年中左右实施，适用证券范围与第一阶段相同，价格介乎0.5至10港元证券的最小价位将下调。该事件影响港股交易成本、流动性和交易所收入结构预期。\\nImpact score: 72\\nExpected: 关注正式实施日期、市场演练、价差收窄后成交额和做市/高频交易活跃度变化。\\nAffected: 0388.HK(subject\, mixed\, score 76)\; 02800.HK(etf\, mixed\, score 60)\; 09868.HK(theme\, mixed\, score 60)\; 0700.HK(theme\, mixed\, score 55)\; 9988.HK(theme\, mixed\, score 55)\; 600030.SH(theme\, mixed\, score 54)\\nSources: HKEX Reduction of Minimum Spreads: https://www.hkex.com.hk/Services/Trading/Securities/Overview/Trading-Mechanism/Reduction-of-Minimum-Spreads?sc_lang=en\\nHKEX participant circular CT/003/26: https://www.hkex.com.hk/-/media/HKEX-Market/Services/Circulars-and-Notices/Participant-and-Members-Circulars/SEHK/2026/CT00326E.pdf\\n港交所下调最低上落价位: https://www.hkex.com.hk/services/trading/securities/overview/trading-mechanism/reduction-of-minimum-spreads?sc_lang=zh-hk\\n港交所集团网站: https://www.hkexgroup.com/?sc_lang=zh-hk\\nHKEX集团投资者关系: https://www.hkexgroup.com/Investor-Relations?sc_lang=zh-HK\\nHKEX minimum spreads: https://www.hkex.com.hk/Services/Trading/Securities/Overview/Trading-Mechanism/Minimum-Spreads\\nHKEX market consultations: https://www.hkex.com.hk/News/Market-Consultations\\nInformation only. Not investment advice.
URL:https://0.0.0.0:3000/?event=evt-hkex-minimum-spread-phase2-mid2026
CATEGORIES:policy\,HK\,HKEX\,最小上落价\,市场微结构\,流动性\,交易成本\,港股流动性\,港交所\,市场微观结构\,港股通\,港股
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DESCRIPTION:Review catalyst preview: 港交所证券市场最小上落价第二阶段缩窄实施观察窗口
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DESCRIPTION:Complete post-event review: 港交所证券市场最小上落价第二阶段缩窄实施观察窗口
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