Shanghai Stock Exchange Makes Adjustments For 2023 Related Trading Day Based On The Implementation Date Of Optimized Trading Calendar Of Hong Kong Stock Connect Officially Released

Today, the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission of Hong Kong released that the optimized trading calendar of Shanghai-Shenzhen-Hong Kong Stock Connect will be officially implemented on April 24, 2023. To facilitate all market participants to prepare for the optimized trading calendar of the Hong Kong Stock Connect, the Shanghai Stock Exchange (SSE) has released the Notice on Implementation Date of Optimized Trading Calendar of Hong Kong Stock Connect, updated the 2023 trading day arrangements for Hong Kong Stock Connect under Shanghai-Hong Kong Stock Connect and clarified the specific dates of six new trading days of Hong Kong Stock Connect.

The optimized trading calendar of Shanghai-Hong Kong Stock Connect will allow all trades under Shanghai-Hong Kong Stock Connect when two markets of the Mainland and Hong Kong were both on trading days. This move will reduce the number of non-trading days by about half per year, increasing the number of trading days for investors and ensuring the trading continuity for investors. It will also serve to deepen and improve the Stock Connect mechanism between the two markets. After the implementation of the optimized trading calendar, six new trading days of Hong Kong Stock Connect will be added this year, with two additional trading days added before the May Day, Dragon Boat Festival, Mid-Autumn Festival and National Day holidays, respectively. Among them, April 27 and 28, 2023 will be the first two newly added trading days of Hong Kong Stock Connect after the implementation of the optimized trading calendar.

Going forward, under the unified deployment of the CSRC, the SSE will work together with Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited to organize market institutions to make various technical preparations for all business in a stable and orderly manner, and fully ensure the smooth optimization of the trading calendar of Hong Kong Stock Connect. It will also continue to promote the further optimization and improvement of the Stock Connect mechanism and advance high-level two-way opening up of the capital market.

Notice on Implementation Date of Optimized Trading Calendar of Hong Kong Stock Connect