On July 6, The Hong Kong Institute of Certified Public Accountants (HKICPA) welcomes HKEX’s revamp of the board lot regime for Hong Kong equities, acknowledging the reform simplifies market rules and boosts operational efficiency. The new framework standardises eligible securities into eight fixed board lot sizes, slashes the minimum board lot value threshold from HK$2,000 to HK$1,000, and imposes a HK$50,000 value cap for lots over 100 shares, lowering investment hurdles and trading frictions to render the market more accessible and competitive. Having actively submitted comprehensive proposals during HKEX’s consultation, HKICPA notes its key suggestions including a lower value floor and uniform lot sizes have been incorporated into the final rules. It urges HKEX to carry out further optimisations in future iterations: narrowing the standard lot choices down to four tiers, adopting 1-share board lots to align with global norms for retail investors and market liquidity, and drawing up targeted measures for the market’s numerous penny stocks, which account for 56% of listed issues priced between HK$0.01 and HK$1. Going forward, HKICPA will keep engaging in public consultations on finance, tax and public policies, leveraging members’ professional expertise to sustain and elevate Hong Kong’s standing as a leading international financial centre.
Source: https://www.hkicpa.org.hk/en/News/News-Release/20260706_Board-Lot-reform