Trading through the much anticipated Shenzhen-Hong Kong Stock Connect (Shenzhen Connect) commenced on 5 December 2016. It offers international and Hong Kong investors direct access to most companies traded in Mainland China for the first time. 100 small cap stocks listed in Hong Kong are also now available to Mainland investors through Shenzhen Connect. The launch of Shenzhen Connect follows on from the launch of Shanghai-Hong Kong Stock Connect (Shanghai Connect) in November 2014.
The key features of Shenzhen Connect were outlined in our e-bulletin of 1 September 2016, where we compared them to some of the key features of Shanghai Connect outlined in our e-bulletin of 1 September 2014. In our latest bulletin (please click here to access), we discuss the regulatory arrangements involved, cooperation between the China Securities Regulatory Commission and Hong Kong's Securities and Futures Commission, as well as investor protection issues. We also set out the key matters for licensed corporations and intermediaries to bear in mind.
If you wish to discuss this further, please contact William Hallatt, Natalie Curtis, or your usual Herbert Smith Freehills contact.
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