三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Industries

Shanghai, HK stock program will offer flexibility

By Emma Dai in Hong Kong (China Daily) Updated: 2014-09-27 10:52

Investors participating in the upcoming Shanghai-Hong Kong Stock Connect program are expected to have more flexibility in trading than under previous rules, according to a set of revised regulations published by the Shanghai Stock Exchange on Friday.

Detailed risk-control measures for the stock connect program were also announced.

"We have to consider cross-border risk controls and strengthen regulations to ensure smooth transactions," said a spokesman for the Shanghai Stock Exchange on Friday.

According to the new rules, restrictions on margin trading and short selling have been relaxed for overseas investors keen on purchasing Shanghai-listed A shares.

But such purchases need to be restricted to the shares that qualify for short selling and margin trading under the current regulations at the Shanghai Stock Exchange.

Shanghai, HK stock program will offer flexibility
Shanghai seeks new board for innovative industries
Shanghai, HK stock program will offer flexibility
Stock connect 'will fundamentally change market' 

Meanwhile, the revised regulations also indicated that detailed rules on margin trading and short sales for mainland investors interested in Hong Kong-listed companies would be announced later. Such a facility will help mainland investors to enjoy the trading rights in south-bound trading too.

Besides, the statement also supports placement of new shares through the connect, in principle.

North-bound investors can participate in share placements of Shanghai-listed stocks with Hong Kong Securities Clearing Co Ltd acting as the nominee.

South-bound investors who want to take part in share placements and public offerings in Hong Kong need to act in compliance with regulations on the mainland.

The statement pointed out that as the nominee, the HKSCC can exercise shareholders' rights on behalf of the north-bound investors. Details of how the HKSCC can vote at shareholder meetings of Shanghai-listed companies will be published by the Shanghai bourse later.

Meanwhile, a China Securities Regulatory Commission spokesman, Deng Ge, said on Friday that a team from the industry watchdog led by Chairman Xiao Gang inspected the Shanghai Stock Exchange, China Securities Depository and Clearing Corp Ltd earlier this week for the cross-border trade pilot scheme.

"The result shows that the business schemes of various parties are mature and the related regulations have been formulated. The technology system preparation is ready and other work pertaining to the program would be taken up after the National Day holidays," Deng said.

Reuters reported on Friday that the stock connect is likely to be launched on Oct 27. According the report, senior management at the HKEx, as well as the market participant relations department, said the exchange had tentatively scheduled the launch of the link for the last Monday in October.

Cai Xiao in Beijing contributed to this story.

 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 午夜激情福利 | 国语对白清晰好大好白在线 | 爱福利视频一区二区 | 亚洲成人在线播放 | 国产艹逼 | 色婷婷色综合 | 国产精品自在自线免费观看 | 国产激爽大片高清在线观看 | 欧美成人手机在线 | 亚洲成人免费网址 | 国产偷国产偷亚洲高清在线 | 一级黄色片视频 | 1024cc香蕉在线观看播放中文看 | 欧美日韩一区二区在线观看 | 欧美a欧美1级 | a级黄色片免费看 | 亚洲一区二区三区精品影院 | 夜色爽| 伊人久久国产精品 | 特级做人爱c欧美网站 | 亚洲欧美日韩国产精品26u | 亚欧综合 | 国产高清一级毛片 | 黄色a视频 | 美国毛片在线 | 超级香蕉97在线观看视频 | 2022在线精品视频网站 | 国产无限制自拍 | 国产日韩视频在线 | 99视频在线精品免费观看18 | 久久久久久国产精品三级 | 国产制服丝袜在线观看 | 色综合图片二区150p | 一本久道久久综合狠狠爱 | 欧美精品在线免费观看 | 日本a在线观看 | 一级黄大片 | 久久久久久综合成人精品 | 在线观看 亚洲 | 免费国产成人综合 | 我要看一级黄色 |