Stock Connect programs
E717465
capital market connectivity mechanism
cross-border stock trading scheme
financial market infrastructure
Stock Connect programs are cross-border investment schemes that link mainland Chinese and Hong Kong stock exchanges, allowing international investors to trade designated mainland A-shares and Chinese investors to access Hong Kong-listed stocks.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Stock Connect | 1 |
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
capital market connectivity mechanism
ⓘ
cross-border stock trading scheme ⓘ financial market infrastructure ⓘ |
| allowsInvestorType |
Hong Kong investors
ⓘ
international investors ⓘ mainland Chinese investors ⓘ |
| allowsTradingOf |
Hong Kong–listed shares
ⓘ
designated mainland China A-shares ⓘ |
| beneficiary |
global institutional investors
ⓘ
qualified mainland Chinese investors ⓘ retail investors in Hong Kong ⓘ |
| clearingHouse |
China Securities Depository and Clearing Corporation Limited
NERFINISHED
ⓘ
Hong Kong Securities Clearing Company Limited NERFINISHED ⓘ |
| connectsMarket |
Hong Kong stock exchange
NERFINISHED
ⓘ
Mainland China stock exchanges ⓘ |
| enables |
northbound trading
ⓘ
southbound trading ⓘ |
| feature |
clearing and settlement through central counterparties
ⓘ
no need for investors to obtain local trading accounts in the other market ⓘ trading conducted under home market rules for investors ⓘ |
| hasComponent |
Shanghai–Hong Kong Stock Connect
NERFINISHED
ⓘ
Shenzhen–Hong Kong Stock Connect NERFINISHED ⓘ |
| implementsMechanism |
aggregate quota system
ⓘ
daily quota system ⓘ |
| jurisdiction |
Hong Kong Special Administrative Region
NERFINISHED
ⓘ
People's Republic of China NERFINISHED ⓘ |
| objective |
enhance liquidity of Hong Kong equity market
ⓘ
enhance liquidity of mainland China equity markets ⓘ facilitate cross-border portfolio investment ⓘ promote internationalization of Renminbi ⓘ |
| regulator |
China Securities Regulatory Commission
NERFINISHED
ⓘ
Hong Kong Exchanges and Clearing Limited NERFINISHED ⓘ Hong Kong Securities and Futures Commission NERFINISHED ⓘ Shanghai Stock Exchange NERFINISHED ⓘ Shenzhen Stock Exchange NERFINISHED ⓘ |
| relatedTo |
Bond Connect
NERFINISHED
ⓘ
Mutual Recognition of Funds between Mainland China and Hong Kong ⓘ |
| riskControlFeature |
circuit breaker alignment
ⓘ
pre-trade checking ⓘ |
| sector |
capital markets
ⓘ
securities trading infrastructure ⓘ |
| settlementCurrency |
Hong Kong dollar
NERFINISHED
ⓘ
Renminbi NERFINISHED ⓘ |
| supportsTradingSession |
closing auction
ⓘ
continuous auction ⓘ opening auction ⓘ |
| tradingModel | order-driven market ⓘ |
| usesTradingCurrency |
Hong Kong dollar
NERFINISHED
ⓘ
Renminbi NERFINISHED ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Stock Connect