Securities Registration Company Association: Assists in ensuring the smooth and orderly progress of the paperless securities process

SighingCashier · 2026-03-30T14:15:50+00:00

The Securities and Futures Commission will implement the paperless securities market system on November 16. The Securities Depository Company Limited stated that the industry has reached a consensus and is ready. This move will promote digitization and automation, shorten transaction times, improve market operation efficiency, and strengthen Hong Kong's status as a financial center.

SighingCashier

2026-03-30 14:15:50

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The Securities and Futures Commission has announced that the paperless securities market system is expected to be implemented on November 16. The Central Securities Depository (CSD) welcomes the relevant measures.

The President of the Central Securities Depository (CSD), Mr. Xiong Ruilu, stated that the industry of the CSD has reached broad consensus on the paperless securities market (USM), and everyone is also prepared. In the coming months, the CSD will work closely with the industry and all stakeholders to help ensure that the paperless securities process proceeds smoothly and in an orderly manner.

Mr. Xiong Ruilu pointed out that the USM will promote the digitization, automation, and simplification of procedures. Paperless trading allows investors to hold shares in their own names and transfer shares electronically, which helps shorten transaction times, strengthen corporate governance, significantly improve market operation efficiency, and further enhance Hong Kong’s financial infrastructure, consolidating Hong Kong’s status as a financial center.

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