We have noted unusual movements in the price and trading volume of the shares of Hong Kong Exchanges and Clearing Limited (“HKEx”) today, and today’s media report quoting the Governor of People’s Bank of China that Shenzhen-Hong Kong Stock Connect programme (“Shenzhen Stock Connect”) will be launched this year.
HKEx has been in discussions with its Mainland Chinese counterparts regarding the potential establishment of Shenzhen Stock Connect. HKEx wishes to emphasise that as at the date of this announcement, the proposed Shenzhen Stock Connect is still subject to regulatory approval and no agreement with our counterparts has been entered into. HKEx will make a further announcement to update investors and the market in compliance with the Securities and Futures Ordinance (“SFO”) and the Listing Rules as and when appropriate.
Save for the above, we are not aware of any reasons for the price and volume movements noted this morning or of any information which must be announced to avoid a false market in HKEx’s shares or of any inside information that needs to be disclosed under Part XIVA of the SFO.
HKEx’s shareholders and potential investors should exercise caution when dealing or investing in HKEx’s shares.
