Friday April 19 2024

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: International

Link: https://tinyurl.com/34vck32v




On 19th April 2024, the Securities and Futures Commission (SFC) supported the five measures announced by the China Securities Regulatory Commission (CSRC) to further enhance the Stock Connect and to support Hong Kong’s strengthening of its status as an international financial centre.

Specifically, the measures include:

  • expanding the scope of eligible exchange-traded funds (ETFs) under the Stock Connect;
  • incorporating real estate investment trusts (REITs) into the Stock Connect;
  • supporting the inclusion of RMB-denominated stocks into southbound Stock Connect;
  • enhancing the scheme of mutual recognition of funds; and
  • supporting the listing of leading Mainland companies in Hong Kong.

Click on the above link for further information