According to the reform plan, the Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Futures Exchange Limited (HKFE) were demutualized and merged with Hong Kong Securities Clearing Limited (HKSCC), which was owned by a single holding company, the Hong Kong Stock Exchange. The merger of the three companies was completed on March 6, 2000 and listed on the Hong Kong Stock Exchange on June 27, 2000.
Hong Kong Exchanges and Clearing Limited is an organization specializing in the Hong Kong stock market. Without the consent of the Financial Secretary, no individual or organization may hold more than 5% of the shares of the Hong Kong Stock Exchange. On September 1 1, 2006, the Hong Kong Stock Exchange became a component of the Hang Seng Index.
From 65438 to 0999, the Financial Secretary of the Hong Kong Special Administrative Region proposed a comprehensive reform of Hong Kong's securities and futures market to enhance Hong Kong's competitiveness and meet the challenges brought by market globalization.