HONG KONG: Hong Kong Exchanges and Clearing Ltd (HKEX) on Tuesday said it will introduce a new platform with so-called smart contracts to resolve long-standing inconveniences for overseas investors trading Chinese shares via its Stock Connect scheme.
China's same-day trading and settlement time scale, known as "T+0", has caused problems for investors elsewhere who more usually work with "T+2", or two days from trade to settlement.
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