EXPANSION OF ELIGIBLE ETFS ON STOCK CONNECT TO TAKE EFFECT ON 22 JULY
Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce (Friday) that the expansion of eligible exchange-traded funds (ETFs) under Stock Connect will take effect on 22 July 2024. This follows the announcement of the neweligibility criteria by HKEX, Shanghai Stock Exchange and Shenzhen Stock Exchange on 19 April 2024.
This expansion will further enhance the investment choices for Stock Connect investors, enabling them to diversify their assets across both Hong Kong and Mainland China markets in an efficient and cost-effective manner.
Based on the new criteria, an updated list of eligible ETFs for Northbound and Southbound trading under Stock Connect will be announced respectively by HKEX and the Mainland exchanges on 12 July 2024.
The data cut-off date for determining the eligibility of ETFs under the new criteria is 17 June 2024. ETFs that satisfy the new criteria on this date will be accepted as eligible for trading under Stock Connect.
More details about this expansion can be found in the circularpublished by HKEX today.
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 Metal 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 the 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.
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