Shanghai, Shenzhen and Hong Kong Exchanges Reach Consensus on Expanding the Scope of Stock Connect ETFs
2024-04-19 10:54:45
On April 19, in order to continuously optimize the interconnection mechanism between the mainland and Hong Kong markets and enrich the interconnection targets, the Shanghai Stock Exchange, Shenzhen Stock Exchange, and Hong Kong Exchanges and Clearing Co., Ltd. have reached a consensus on expanding the scope of the Shanghai-Shenzhen-Hong Kong Stock Connect ETF. The optimization of ETF targets mainly includes two aspects: one is to reduce the size requirements for ETF inclusion; the other is to lower the index weight ratio requirements for ETFs. After the optimization is implemented, it is expected that the number and scale of the Shanghai-Shenzhen-Hong Kong Stock Connect ETF targets will increase significantly, further enriching the investment products of the two markets, and facilitating the allocation of assets in each other's markets by investors in the
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