Shanghai Stock Exchange plans to modify the scope of Shanghai Stock Connect and Hong Kong Stock Connect ETFs
2024-04-19 11:00:38
On April 19, the Shanghai Stock Exchange publicly solicited opinions on the "Shanghai Stock Exchange Shanghai-Hong Kong Stock Connect Business Implementation Measures (exposure draft) ". The "Implementation Measures" plan to amend 6 articles, mainly to modify the scope of Shanghai Stock Connect and Hong Kong Stock Connect ETFs. In terms of Shanghai Stock Connect, the ETF inclusion threshold is adjusted from not less than RMB 1.50 billion yuan to not less than RMB 500 million yuan; the transfer ratio is adjusted to "Among the tracked index component securities, the weight of stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange shall not be less than 60%, and the weight of Shanghai Stock Connect stocks and Shenzhen Stock Connect stocks shall not be less than 60%."
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