Hong Kong Exchanges and Clearing, the city's exchange operator, is trying to put in a mechanism to combat volatility in the equity markets. Photo: Reuters
Hong Kong Exchanges and Clearing, the city's exchange operator, is trying to put in a mechanism to combat volatility in the equity markets. Photo: Reuters
Richard Harris
Opinion

Opinion

The View by Richard Harris

Targeted government intervention will keep markets free

The HKEx aim is really to curb frothy speculation and manipulators who will look to game the rules, so they should also instigate a daily limit that will stop prices crawling up or down just inside the boundaries

Hong Kong Exchanges and Clearing, the city's exchange operator, is trying to put in a mechanism to combat volatility in the equity markets. Photo: Reuters
Hong Kong Exchanges and Clearing, the city's exchange operator, is trying to put in a mechanism to combat volatility in the equity markets. Photo: Reuters
READ FULL ARTICLE