Non-Trading Days for Hong Kong Stock Exchange

Very often, we are said to have the most public holidays in the region in Malaysia, but then..there are still days when others are having holidays while we are not.
If you have bought any unit trust fund investing in Hong Kong and China, take note!
Below are the days where the Hong Kong Stock Exchange will close while we are not.

Good Friday
21 March 2008

Easter Monday
24 March 2008

Ching Ming Festival
4 April

Tuen Ng Festival
8 June 2008

Hong Kong Special Administrative Region Establishment Day
1 July

Mooncake Festival
15 September 2008

China National Day
1 October

Chung Yeung Festival
7 October 2008

Boxing Day
26 December

Transaction received during these days, be it purchase or repurchase, will be processed based on the closing prices of the next business day.

In cases of switching of funds involving china fund, the same applies, that is, transaction will only be processed based on the closing prices of the next business day, when both funds involved are opened for trading.

So do take note of this when making switch! Especially when there are events coming up! Take the recent Malaysian election for example. If you have decided to switch to a china fund on the 7th of March, but unfortunately 7th of March is a holiday in HKSE (for example), so the switch will only occur on the 10th of March, when both market are open.

So....DO TAKE NOTE!