Hong Kong’s capital markets continue to evolve, with the upcoming implementation of the Uncertificated Securities Market (#USM) marking the next key reform. By removing paper certificates and streamlining processes, USM will improve efficiency and lay the foundation for future enhancements, including a shorter settlement cycle for the #HongKong cash market. In the latest #MarketsInMotion video, Hong Kong Secretary for Financial Services and the Treasury Christopher Hui; Securities and Futures Commission (SFC) Executive Director, Supervision of Markets Rico Leung; and HKEX Chief Operating Officer Vanessa Lau, share how we are delivering reforms to future‑proof Hong Kong’s market infrastructure and how our ongoing collaboration with market participants is helping bolster Hong Kong’s position as a leading international financial centre. --------------------- 📌 𝗙𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 𝗼𝗻: 𝗟𝗶𝗻𝗸𝗲𝗱𝗜𝗻: linkedin.com/company/hkex 𝗧𝘄𝗶𝘁𝘁𝗲𝗿: twitter.com/hkexgroup​​...