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You are here: Home / HKEX announces inclusion of STAR Market stocks into Stock Connect

HKEX announces inclusion of STAR Market stocks into Stock Connect

Video PlayerClose HONG KONG, Jan. 22 (Xinhua) — The Hong Kong Exchanges and Clearing Limited (HKEX) on Friday announced the inclusion of eligible A-shares listed on the Shanghai Stock Exchange’s (SSE) Sci-Tech Innovation Board (STAR Market) into Stock Connect, effective from Feb. 1. As previously agreed by the HKEX, SSE and Shenzhen Stock Exchange (SZSE), STAR Market-listed shares that are constituent stocks of the SSE 180 Index and SSE 380 Index, or have corresponding H-shares listed in Hong Kong for A+H companies, will be eligible for Northbound trading under Shanghai-Hong Kong Stock Connect following the existing inclusion arrangements. Their corresponding H-shares will be included in Southbound trading of Stock Connect when the Northbound arrangements take effect. Given the STAR Market’s special investor eligibility requirements, STAR Market-listed shares will only be accessible via Northbound Stock Connect trading by institutional professional investors, as defined under the Rules of the Exchange. Separately, the HKEX is pleased to note that, for A+H companies with A-shares listed on SZSE, their corresponding H-shares will also be tradable through Southbound trading of Shanghai-Hong Kong Stock Connect starting Feb. 1. The three exchanges will continue to work closely to further enhance the Stock Connect program to benefit the… Read full this story

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HKEX announces inclusion of STAR Market stocks into Stock Connect have 412 words, post on www.xinhuanet.com at January 23, 2021. This is cached page on The Best Articles. If you want remove this page, please contact us.

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