Hong Kong Exchanges & Clearing will issue a request for expressions of interest from the market in developing a business model for the free dissemination of basic real-time HKEx market prices on websites.

By exploring the feasibility and possible arrangements for providing such information on one or more web portals in Hong Kong and the Mainland, HKEx aims to increase market transparency, raise the local market profile in the Mainland to prepare for closer integration of the two markets, and explore a new revenue stream.

The request will be posted on the HKEx website tomorrow, and will be published in two Hong Kong and two Mainland newspapers before the end of this month. The deadline for responses is October 17, at noon.

HKEx currently provides 15-minute delayed basic stock prices on its website.