Hong Kong Exchanges and Clearing (HKG:0388) said it is poised to support the T+1 settlement cycle by the end of 2025, according to a Thursday press release by the bourse operator.

The initiative forms part of a multi-year post-trade services enhancement plan.

To facilitate the transition to T+1, HKEX will introduce new features to its Orion Cash Platform by mid-2025.

These enhancements will enable automated post-trade report downloads, information exchange, and real-time transmission of trade data, positions, and reference data.