花辨直播官方版_花辨直播平台官方app下载_花辨直播免费版app下载

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
China
Home / China / HK Macao Taiwan

Shenzhen-Hong Kong Stock Connect to be launched after mid November

By Duan Ting | chinadaily.com.cn | Updated: 2016-10-13 21:01

The Shenzhen-Hong Kong Stock Connect hopes to launch on a Monday?after mid?November?due to risk management issues, Charles Li, chief executive of Hong Kong Exchanges and Clearing Limited, said on Thursday during a media briefing.

According to Wang Hong, executive vice president of Shenzhen Stock Exchange, they will be working on technical preparations from October 17 to November 9. They will adopt comprehensive whole-market and whole-day system testing in securities firms and financial institutions. By the middle of November, the whole market’s technical system will be ready.

HKEx officially started the investor road show on the second stock connect globally this afternoon. The first stop was Hong Kong. Wang Hong mentioned that during the road shows, they will introduce a risk disclosure letter which reveals the risks on investing in medium and small sized listed companies included in the second stock connect and the different mechanisms of Hong Kong and Chinese mainland equity markets, such as the risk alarm mechanism of delisting.

As the second stock market will attract more overseas investors, Wang Hong said the Securities and Futures Commission of the two markets have launched regulations to protect the rights of overseas investors, including enhancing the obligations of listed companies, applying an internet voting mechanism, as long as overseas investors can have shareholder property rights.

Li added that in the future, they will consider including ETF in the stock connect.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US