HKEx scraps Closing Auction Session
13-03-2009
The Hong Kong Exchanges and Clearing has decided to scrap after-market trading from March the 23rd. This followed criticisms that the 10-minute trading period, after the regular market closes, was open to manipulation by big market players. On Monday, HSBC's share price slumped 12 percent after regular trading ended, prompting an investigation by the Securities and Futures Commission.
