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What is the settlement mechanism for Hong Kong stock trading?
The Hong Kong stock market implements a T+0 trading system, where stocks bought on the same day can be sold on the same day. But Hong Kong stocks implement a T+2 delivery system, which means that settlement and delivery are completed on the second working day after trading.
For example: T is Monday, and the settlement will be completed on Wednesday; T is Thursday, and the settlement will be completed next Monday.