New test to link stocks in HK and Shenzhen

Advanced Search

The story appears on

Page A10

November 24, 2016

GET this page in PDF

Free for subscribers

View shopping cart

New test to link stocks in HK and Shenzhen

Source: Xinhua | November 24, 2016, Thursday |

Print Edition

THE Shenzhen Stock Exchange yesterday announced a new round of tests for the imminent program to link the Shenzhen and Hong Kong bourses.

Participants, including brokerages and fund companies, will simulate transactions, complete deal feedback and receive trading data, the Shenzhen bourse said.

The testing, the third this month, will run from 9am to 8pm on Saturday to ensure the reliability of all technical systems.

The Shenzhen-Hong Kong Stock Connect mechanism was approved in mid-August by the China Securities Regulatory Commission, which said about four months would be needed for regulatory, technical and other preparations.

A similar link between the Shanghai and Hong Kong bourses was launched in November 2014. Both schemes allow investors on the mainland and in Hong Kong to trade selected stocks on each other’s exchanges within a fixed daily quota.

Finance

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

New test to link stocks in HK and Shenzhen

Email this to your friend