HKEX further enhances Stock Connect’s product offering

HONG KONG, May 27, 2022 /PRNewswire/ — Hong Kong Exchanges and Clearing Limited (HKEX) welcomes the joint announcement made today (Friday) by the China Securities Regulatory Commission (CSRC) and that of Hong Kong Securities and Futures Commission (SFC), on the inclusion of Exchange Traded Funds (ETFs) in Stock Connect (the inclusion). HKEX is pleased to announce detailed terms of inclusion.

Chairman and CEO of HKEX Nicolas Aguzin said: “This is the next exciting development of our Connect program. The inclusion of ETFs in Stock Connect will be mutually beneficial for both mainland China and that of Hong Kong capital markets, supporting the continued and sustainable growth of both, at a time when participants and customers demand ever more and better connectivity. We look forward to working with our mainland and market partners as we continue to improve our mutual market connectivity. »

ETFs are, for many, a profitable investment option and a popular choice for diversification. The addition of eligible ETFs in Stock Connect will support the healthy development of ETFs in both the hong kong and Mainland China markets by expanding their respective investor bases.

On December 24, 2021HKEX, Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) announced their support for inclusion, reflecting HKEX and mainland exchanges’ continued commitment to continue expanding and improving the historic program of mutual market access between hong kong and the capital markets of mainland China.

Please visit the designated page or refer to circular posted today for more details on inclusion, including eligibility criteria, trade agreements and frequently asked questions. Inclusion is subject to regulatory approval. A further announcement on the official launch date will be made in due course.

About HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) is one of the world’s leading exchange groups and operates a range of equity, commodity, fixed income and currency markets. HKEX is the world’s leading IPO market and, as that of Hong Kong As the only securities and derivatives exchange and the sole operator of its clearing houses, it is ideally placed to offer regional and international investors access to from Asia most dynamic markets.

HKEX is also the world’s leading metals trader, through its wholly owned subsidiaries, The London Metal Exchange (LME) and LME Clear Limited. This commodity franchise was further strengthened with the launch of Qianhai Mercantile Exchange (QME), in Chinain 2018.

HKEX launched the pioneering Shanghai-Hong Kong Stock Connect program in 2014, expanded with the launch of Shenzhen Connect in 2016 and the launch of Bond Connect in 2017.

SOURCE Hong Kong Exchanges and Clearing Limited (HKEX)

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