Stock Connect Archives - Fund Selector Asia

China and Hong Kong to expand Stock Connect

The adjustments will be implemented in about three months time.

China takes a further step in the broadening out of its share trading initiative with Hong Kong.

Qualified institutional investors are now allowed to trade commodity futures, commodity options and stock index options.

The average daily turnover of Southbound ETFs via Stock Connect reached HK$215.7m in the first month of its launch.

Investors in both Hong Kong and mainland China can trade eligible funds starting on July 4.

Hong Kong and China’s regulators will include ETFs in the closed loop scheme.

The preparation work will take approximately six months to complete.

The country’s securities regulator has extended the scope of the Shanghai-London Stock Connect scheme.

Foreign investors will receive equal treatment to local investors in the long term, according to asset managers.

The cross-market investable index will offer diversified coverage of China equities.