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Stock Connect: Regulators Announce Increases In Daily Quotas

Date 11/04/2018

The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) have agreed to increase the daily quotas under Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect (Note 1).

According to the joint announcement issued today by the SFC and the CSRC, the new daily quota for each of the northbound trading links will be RMB52 billion and the new daily quota for each of the southbound trading links will be RMB42 billion with effect from 1 May 2018.

"We welcome today's announcement which is the result of close and intensive cooperation between the SFC and the CSRC," said Mr Ashley Alder, the SFC's Chief Executive Officer. "The increase in the daily quotas will facilitate investors' access to Hong Kong and Mainland stock markets and promote the future development of mutual market access."

The SFC will work closely with the CSRC on the implementation of the new quotas.

Notes:

  1. See the press releases dated 10 November 2014 and 25 November 2016 for details of the two Stock Connect programmes.
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