Hong Kong Stock Exchange (HKEX) News on Dec. 20, 2025: Board Lot Reform, Public Float Rules, IPO Pipeline and 2026 Forecasts
HONG KONG — As of December 20, 2025, the Hong Kong Stock Exchange is heading into 2026 with a familiar mix of ambition and operational fine print: boost market liquidity, lower barriers for retail investors, and keep the IPO machine moving—without letting standards slip. Over the past week, Hong Kong Exchanges and Clearing (HKEX)—the exchange operator—has launched a major consultation to standardise “board lot” trading units, published final conclusions on tightened ongoing public float rules that start in January 2026, and continued to host headline-grabbing listings as the city’s IPO rebound gains credibility. Hong Kong Exchanges and Clearing+2Hong Kong Exchanges