Investors trading on the Hong Kong Exchanges and Clearing (HKEX) may soon have the option to use multiple clearing banks for cash equities and options, as the Securities and Futures Commission (SFC) is currently reviewing a proposal from HKEX. This initiative is part of Hong Kong’s broader effort to rejuvenate its declining stock market, which has experienced a downturn for four consecutive years. In addition to this potential change in clearing arrangements, Hong Kong has introduced various measures to boost market activity, such as reducing stamp duty, enhancing the trading link with China, and attracting more international company listings. An HKEX spokesperson stated, “We are committed to enhancing the competitiveness and resilience of our markets”.