FAQ

Trading

Trading Hours

HK Shares & Warrants

HK Shares & Warrants

What are the trading hours for HK shares?

Trading is conducted on Monday to Friday (except public holidays) during the following times:

Auction Session (where only At-auction Order ("AAO") and At-auction Limit Order ("AALO") are allowed)

Pre-opening Session

9:00 am to 9:30 am
At-auction order input period

9:00am to 9:20am

At-auction Limit Order input period

9:00am to 9:15am
Order amendment and cancellation of AAO and AALO are allowed from 9:00am to 9:15am
Pre-order matching period

9:15am to 9:20am
Only order input of AAO is allowed. Orders amendment and cancellation of AAO and AALO are NOT allowed


Note: At-auction Limit Orders that remain unmatched after pre-opening session will be carried forward to the next trading session as Limit orders. At-auction Order that remain unmatched will be cancelled automatically.

Orders input before market open will be verified by our system and processed in the next trading session.

Continuous Trading Session

Morning Session 9:30am to 12:00 noon
Extended Morning Session 12:00 noon to 1:00pm
Afternoon Session 1:00pm to 4:00pm


Note: Enhanced Limit Order (“ELO”), Special Limit Order (“SLO”) and Limit Order (“LO”) cannot be cancelled or amended in the HK exchange from 12:00 noon to 12:30pm; yet they can be cancelled from 12:31pm (Hong Kong Time).

There is no Extended Morning Session and Afternoon Session on the eves of Christmas, New Year and Lunar New Year. Where there is no Morning Session, there will be no Extended Morning Session.

Closing Auction Session (Where submissions of At-auction Order ("AAO"), At-auction Limit Order ("AALO"), Good Till Date Order ("GTD") and Stop Loss Limit Order ("SLLO") are allowed.)

Closing Auction Session

4:00pm to 4:10pm
Reference Price Fixing Period

4:00pm to 4:01pm
Order input, amendment and cancellation are NOT allowed
Order input period

4:01pm to 4:06pm
Order amendment and cancellation are allowed
No Cancellation period

4:06pm to 4:08pm
Order amendment and cancellation are NOT allowed
Random Closing period

4:08pm to 4:10pm
Order amendment and cancellation are NOT allowed


Note: All unmatched AAOs and AALOs placed from 4:00pm to 4:10pm will be cleared after day end. Outstanding orders placed during Continuous Trading Session that are within valid price ranges will be carried forward to Closing Auction Session as AALO. SLLO will not be triggered during Closing Auction Session.

Last Update: 2022-01-04

Stock Options

What are the trading calendar and trading hours of stock options?

Trading sessionTrading hours
Morning9:30am - 12:00pm
Afternoon1:00pm - 4:00pm

For holiday schedule and options expiry dates, please refer to the Trading Calendar and Trading Hours in the stock options section on the HKEx website.

Last Update: 2022-01-04

Futures

What are the trading hours of the HK Futures & Index Options market?

ContractTrading SessionTrading HoursTrading Hours on Last Trading Day (Spot Month Contract)Pre Market Opening Period
Hang Seng Index Futures
H-shares Index Futures
Mini-Hang Seng Index Futures
Morning09:15 - 12:0009:15 - 12:0008:45 - 09:15
Afternoon13:00 - 16:3013:00 - 16:0012:30 - 13:00
AHFT17:15 - 03:00N/AN/A
Mini H-shares Index FuturesMorning09:15 - 12:0009:15 - 12:00N/A
Afternoon13:00 - 16:3013:00 - 16:00N/A
AHFT17:15 - 03:00N/AN/A
Hang Seng Index Option
Mini-Hang Seng Index Option
H-shares Index Option
Morning09:15 - 12:0009:15 - 12:00N/A
Afternoon13:00 - 16:3013:00 - 16:00N/A
Stock FuturesMorning09:30 - 12:0009:30 - 12:00N/A
Afternoon13:00 - 16:0013:00 - 16:00N/A

Remarks:
  1. Auction Orders can only be submitted during the Pre Market Opening Period.
  2. Any order submitted after market close or during lunch hour section will be rejected by the HK Exchange.

Last Update: 2019-06-14

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