Launch of Shenzhen-Hong Kong Stock Connect

25 Nov 2016



The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) have approved the launch of Shenzhen-Hong Kong Stock Connect after finalising all necessary regulatory approvals and arrangements required for its commencement (Note 1).

Under the joint announcement issued today by the SFC and the CSRC, trading through Shenzhen-Hong Kong Stock Connect will commence on 5 December 2016 (Note 2).

“The expanded trading link will further strengthen mutual access between the Mainland and Hong Kong stock markets. Similar to the arrangements for Shanghai-Hong Kong Stock Connect, the two regulators have established mechanisms to protect the integrity of both markets under Shenzhen-Hong Kong Stock Connect," the SFC’s Chairman, Mr Carlson Tong said. 

The regulatory arrangements for Shenzhen-Hong Kong Stock Connect include an expansion of cross-boundary regulatory cooperation to facilitate real-time surveillance by the SFC and the CSRC of activity in their respective markets under the programme.  

Earlier, the two regulators also entered into a new memorandum of understanding on strengthening cross-boundary regulatory and enforcement cooperation which will supersede the previous memorandum of understanding applicable to Shanghai-Hong Kong Stock Connect.

End

Notes:

  1. Shenzhen-Hong Kong Stock Connect expands mutual stock market access between Hong Kong and the Mainland to cover the Shenzhen Stock Exchange. Please see the CSRC-SFC joint announcement dated 16 August 2016.
  2. Please see today’s CSRC-SFC joint announcement.


Page last updated : 25 Nov 2016