Hong Kong Exchange
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more



This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.










Hong Kong & Mainland China Stock Connect Expands to Include Foreign Companies Primary Listed in Hong Kong & Hang Seng Index Component, Expected to Include Stocks that Account for More than 80% of Equity Trading 

22nd December 2022 | Hong Kong

The Hong Kong Securities & Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) have announced the expansion of the Hong Kong & Mainland China Stock Connect to include foreign companies primary listed in Hong Kong & a Hang Seng index component, with the expanded Stock Connect expected to include stocks that account for more than 80% of equity trading.  Announcement: “The scope of eligible stocks for southbound trading will be expanded to include the stocks of foreign companies primary listed in Hong Kong which are constituents of the Hang Seng Composite Indices and meet relevant criteria (ie, are constituents of the Hang Seng Composite LargeCap Index and Hang Seng Composite MidCap Index, and constituents of the Hang Seng Composite SmallCap Index with a market capitalisation of HK$5 billion or above). In addition, the scope of the stocks eligible for the southbound trading under Shanghai-Hong Kong Stock Connect will be aligned with that under Shenzhen-Hong Kong Stock Connect.”  See announcement below. 

” Hong Kong & Mainland China Stock Connect Expands to Include Foreign Companies Primary Listed in Hong Kong & Hang Seng Index Component, Expected to Include Stocks that Account for More than 80% of Equity Trading “

 



- Article continues below -



Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)


The 2024 Investment Day
5th June Hong Kong | 12th June Singapore

Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 5th June 2024 in Hong Kong, 12th June 2024 in Singapore.
Visit | Register here


The 2024 Family Office Summit
16th Oct Hong Kong | 23rd Oct Singapore

Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2024 Family Office Summit | Register here





Hong Kong SFC Acting CEO, Julia Leung: “The further expansion of the scope of Stock Connect will give international investors more choice in A shares and consolidate Hong Kong’s position as a gateway to Mainland China.  In particular, the inclusion of foreign companies primary listed in Hong Kong is of strategic importance to Hong Kong as a leading fundraising platform for international companies.”

HKEX Chairman, Laura M Cha: “This is another exciting milestone for our landmark Stock Connect programme, providing Mainland investors with more opportunities to invest overseas and enabling international investors to enjoy wider access to the Mainland China markets. This latest enhancement to Stock Connect will help boost the healthy development of both Mainland China and Hong Kong financial markets by bringing new connectivity, liquidity and vibrancy.”

HKEX CEO Nicolas Aguzin: “The inclusion of eligible Hong Kong stocks issued by international companies in Stock Connect will significantly enhance the attractiveness of Hong Kong as a world-leading listing venue. International issuers will not only get the full benefits of a listing in Hong Kong, but will also gain access to an enhanced and significant regional investor base. We look forward to continuing to work with our Mainland partners, regulators and the market to further enhance the mutual access between the capital markets of Mainland China and Hong Kong, as we build on our strategy of Connecting China and the World.”

 

 

Hong Kong SFC Announcement 

Hong Kong Exchange

Regulators announce expansion of eligible stocks under Stock Connect

19th Dec 2022 – The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) today jointly announced their in-principle approval for the further expansion of the scope of stocks eligible for trading under Mainland-Hong Kong Stock Connect.

After the expansion, which will cover both northbound (Note 1) and southbound (Note 2) trading, Stock Connect is expected to include stocks that account for more than 80% of the equity trading in each market (Note 3). This will strengthen mutual access between the Mainland and Hong Kong stock markets and provide additional liquidity for both markets.

“The further expansion of the scope of Stock Connect will give international investors more choice in A shares and consolidate Hong Kong’s position as a gateway to Mainland China,” said Ms Julia Leung, the SFC’s Acting Chief Executive Officer. “In particular, the inclusion of foreign companies primary listed in Hong Kong is of strategic importance to Hong Kong as a leading fundraising platform for international companies.”

Preparations for the implementation of these adjustments will take about three months, subject to market readiness and the completion of operational arrangements. The stock exchanges will announce the implementation details and the official launch date in due course.

Eligible stocks for northbound trading will include constituent stocks of the Shanghai Stock Exchange (SSE) A Share Index and the Shenzhen Stock Exchange (SZSE) Composite Index which have a market capitalisation of RMB5 billion or above and meet certain liquidity criteria etc., along with the SSE and SZSE-listed stocks of companies which have issued both A shares and H shares.

The scope of eligible stocks for southbound trading will be expanded to include the stocks of foreign companies primary listed in Hong Kong which are constituents of the Hang Seng Composite Indices and meet relevant criteria (ie, are constituents of the Hang Seng Composite LargeCap Index and Hang Seng Composite MidCap Index, and constituents of the Hang Seng Composite SmallCap Index with a market capitalisation of HK$5 billion or above). In addition, the scope of the stocks eligible for the southbound trading under Shanghai-Hong Kong Stock Connect will be aligned with that under Shenzhen-Hong Kong Stock Connect.

The coverage of southbound and northbound eligible exchange-traded funds remains unchanged.

 

Hong Kong Exchange Announcement 

Hong Kong Exchange

HKEX Welcomes Further Expansion of Stock Connect

19th Dec 2022 – Hong Kong Exchanges and Clearing Limited (HKEX) welcomes the joint announcement today (Monday) by Hong Kong’s Securities and Futures Commission and the China Securities Regulatory Commission on the further expansion of eligible stocks under Stock Connect.

Working together with regulators, HKEX has reached an agreement with Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing Corporation Limited to expand the scope of eligible stocks under Stock Connect.

Accordingly, the scope of eligible stocks will be expanded for both the Northbound and Southbound trading links as follows:

Southbound trading: The scope of eligible stocks will be expanded to include stocks of international companies that are primary-listed in Hong Kong, and are 1) constituent stocks of the Hang Seng Composite LargeCap Index or Hang Seng Composite MidCap Index, or 2) constituent stocks of the Hang Seng Composite SmallCap Index with a market capitalisation of HK$5 billion or above.

In addition, the scope of eligible stocks for Southbound trading under Shanghai-Hong Kong Stock Connect will be expanded to include constituents of the Hang Seng Composite SmallCap Index with a market capitalisation of HK$5 billion or above, which will align with the existing scope of eligible stocks for southbound trading under the Shenzhen-Hong Kong Stock Connect.

Northbound trading: The scope of eligible stocks for Northbound trading under Stock Connect will be changed to 1) constituent stocks of the SSE A Share Index and the SZSE Composite Index which have a market capitalisation of RMB5 billion or above and meet certain requirements such as liquidity criteria; and 2) SSE/SZSE-listed stocks of companies which have issued both A-shares and H-shares.

Upon receiving approval from the regulators, HKEX, SSE and SZSE will set out the specific requirements for the inclusion of eligible stocks and the relevant review mechanism.

HKEX will work with its partners in Hong Kong and Mainland China to make preparations for the eligibility expansion, which is expected to take around three months. Subject to regulatory approval and market readiness, a further announcement on the official implementation date will be made in due course.  Please refer to the joint announcement for more details of the expansion.

 

About HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code:388) and one of the world’s leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metals Exchange.  As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of world, through its pioneering Connect schemes, increasingly diversified product ecosystem and its deep, liquid and international markets.  HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.  Visit: www.hkexgroup.com




Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?



Quick Links


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register


    InvestorProfessionalFamily OfficeExecutive


    SubscriptionMembershipEvents


    Professional InvestorPrivate WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights










    Web links may be disabled on mobile for security.
    Please click on desktop.










    Caproasia Users

    • Manage $20 million to $3 billion of assets
    • Invest $3 million to $300 million
    • Advise institutions, billionaires, UHNWs & HNWs

    Caproasia Platforms | 11,000 Investors & Advisors

    Monthly Roundtable & Networking

    Family Office Programs

    The 2024 Investment Day

    • March 2024 - Hong Kong
    • March 2024 - Singapore
    • June 2024 - Hong Kong
    • June 2024 - Singapore
    • Sept 2024 - Hong Kong
    • Sept 2024 - Singapore
    • Visit: The Investment Day | Register: Click here

    Caproasia Summits

    Contact Us

    For Enquiries, Membership
    [email protected], [email protected]

    For Listing, Subscription
    [email protected], [email protected]

    For Press Release, send to:
    [email protected]

    For Events & Webinars
    [email protected]

    For Media Kit, Advertising, Sponsorships, Partnerships
    [email protected]

    For Research, Data, Surveys, Reports
    [email protected]

    For General Enquiries
    [email protected]





    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014




    Previous articleHong Kong SFC Fines Guosen Securities $360,000 for Incomplete & Incorrect Statements to 930 Clients, Used Expired Agreements of 1,009 Clients for Pledging of Collateral 
    Next articleUnited States SEC Awards Whistleblower $37 Million, Whistleblowers are Awarded 10% to 30% if Penalties Exceed $1 Million
    Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia