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SCMP Reporter

The stock exchange has confirmed that it has asked the Securities and Futures Commission for permission to extend trading hours to 4 pm from 3.55 pm, sources say. The five-minute extension will bring stock exchange trading into line with that at the futures exchange. Brokers have said that the mismatch enhances the possibility of index manipulation. In separate announcements, the stock and futures exchanges said that there would be no afternoon trading on December 24 and December 31. The exchanges will be closed on Christmas Day, Boxing Day and New Year's Day.



Exchange seeks longer hours