Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Friday) that its wholly-owned subsidiary, the Stock Exchange of Hong Kong Limited (SEHK), has signed Memoranda of Understanding (MOUs) with the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE) to deepen collaboration and information exchange under Stock Connect, supporting the continued development of this pioneering mutual market access programme.
Under the MOUs, SEHK will support its participants who engaged in proprietary trading under Northbound Stock Connect in voluntarily sharing relevant trading information with SSE or SZSE. The arrangements will help these participants better comply with the relevant programme trading rules of the two Chinese Mainland exchanges.
Stock Connect has recorded robust growth in trading volumes, alongside continuous enhancements since its launch in 2014, with Northbound Stock Connect becoming a major channel for international investors to access A-shares.
Looking ahead, the three exchanges will continue to work closely with regulators and other stakeholders to further enhance Stock Connect, supporting diversified asset allocation by investors in both markets and the healthy, orderly development of the Connect programme.
