INTERNATIONAL: HKEX Reaches Agreement with SSE and SZSE to Expand Scope of Eligible ETFs

Monday April 22 2024

On 19^th April 2024, the Hong Kong Exchanges and Clearing Limited (HKEX) announced that it has reached an agreement with Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) to expand the scope of eligible exchange-traded funds (ETFs) under Stock Connect.

The eligibility criteria for ETFs for both Northbound and Southbound trading, including the assets under management requirement and the index weighting requirements, will be relaxed to support the continued development of the mutual market access programme.

This expansion will further enrich investment options and enable Stock Connect investors to allocate assets in both Hong Kong and Mainland China markets in an efficient and cost-effective way.

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