Monday December 5 2016
News Source: Global Exchanges
Focus: Other
Type: General
Country: Hong Kong
Link: http://www.hkex.com.hk/eng/newsconsul/hkexnews/2016/161205news.htm
Hong Kong Exchanges and Clearing Limited (HKEX) hosted a ceremony at its Exhibition Hall on 5th December 2016 to mark the successful launch of Shenzhen-Hong Kong Stock Connect (Shenzhen Connect).
Shenzhen Connect builds on the solid foundation of the Shanghai-Hong Kong Stock Connect programme launched in 2014. The expanded list of eligible stocks offers international and Hong Kong investors direct access to most companies traded in Mainland China for the first time. There are also more choices for Mainland investors, with 100 small cap stocks listed in Hong Kong now available through Shenzhen Connect. The aggregate quota for Stock Connect was abolished in August, allowing institutional investors to execute their investment strategies more flexibly. The daily quota, though it remains in place due to risk management considerations, has effectively doubled.
Click here for market highlights of the first trading day under Shenzhen-Hong Kong Stock Connect.
Click on the above link for further details.