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China Securities Regulatory Commission to expand numbr of stock eligible for Stock Connect

China Securities Regulatory Commission (CSRC) is the regulator of the securities industry in the country.

Its said it’ll be expanding the scope of stock eligible to trade via Stock Connect.

Shanghai-Hong Kong Stock Connect is one:

a mutual market access program through which investors in each market can trade shares on the other market directlylaunched in 2014Northbound Trading allows international and Hong Kong investors to trade eligible shares listed on the Shanghai Stock Exchange via the Hong Kong Stock Exchange.Southbound Trading allows mainland Chinese investors to trade eligible shares listed on the Hong Kong Stock Exchange via the Shanghai Stock Exchange.The Shanghai-Hong Kong Stock Connect allows foreign investors to access China’s A-shares market (shares in mainland China-based companies that were previously difficult for foreign investors to access) and it allows mainland Chinese investors to access the Hong Kong market.

In addition to the Shanghai-Hong Kong Stock Connect, there is also the Shenzhen-Hong Kong Stock Connect

launched in 2016links Shenzhen Stock Exchange with the Hong Kong Stock Exchange in a similar way

This article was written by Eamonn Sheridan at www.forexlive.com.

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