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深交所修订发布深港通业务实施办法 进一步扩大深港通ETF标的范围

The Shenzhen Stock Exchange revised and released the Implementation Measures for the Shenzhen-Hong Kong Stock Connect to further expand the range of Shenzhen-Hong Kong Stock Connect's ETF symbols.

Breakings ·  Jun 14 19:01

Shenzhen Stock Exchange has issued the Notice on the Implementation of Shenzhen-Hong Kong Stock Connect Business (Revision 2024) and Related Matters. The revised total of 6 items, mainly adjusted the scope of the Shenzhen-Hong Kong Connect ETF. Firstly, adjust the scope of the ShenZhen Connect ETF and the Hong Kong Connect ETF in terms of size and weight ratios. On the Shenzhen Connect side, the scale threshold for ETF inclusion has been adjusted from no less than RMB 1.5 billion to no less than RMB 0.5 billion; and the inclusion ratio has been adjusted to "the weight ratio of listed stocks on Shenzhen Stock Exchange and Shanghai Stock Exchange of the constituent securities of the tracked index is no less than 60%, and the weight ratio of ShenZhen Connect stocks and Shanghai-Hong Kong Connect stocks is no less than 60%" (Article 25). On the Hong Kong Connect side, the threshold for ETF inclusion has been adjusted from no less than HKD 1.7 billion to no less than HKD 0.55 billion; and the inclusion ratio has been uniformly adjusted to "the weight ratio of listed stocks on the Hong Kong Stock Exchange of the constituent securities of the tracked index is no less than 60%, and the weight ratio of Hong Kong Connect stocks is no less than 60%", without distinguishing by index (Article 76). Secondly, adjust the size and weight ratio of the ShenZhen Connect ETF and the Hong Kong Connect ETF in terms of withdrawal requirements. On the ShenZhen Connect side, the scale for ETF withdrawal has been adjusted from less than RMB 1 billion to less than RMB 0.4 billion; and the withdrawal ratio has been adjusted to "the weight ratio of listed stocks on Shenzhen Stock Exchange and Shanghai Stock Exchange of the constituent securities of the tracked index is less than 55%, or the weight ratio of ShenZhen Connect stocks and Shanghai-Hong Kong Connect stocks is less than 55%" (Article 26). On the Hong Kong Connect side, the scale for withdrawal has been adjusted from less than HKD 1.2 billion to less than HKD 0.45 billion; and the withdrawal ratio has been uniformly adjusted to "the weight ratio of listed stocks on the Hong Kong Stock Exchange of the constituent securities of the tracked index is less than 55%, or the weight ratio of Hong Kong Connect stocks is less than 55%", without distinguishing by index (Article 77). Thirdly, adjust the clause sequence and revise the abolished clauses (Article 80 and Article 147).

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