Short Swing Profit Rule. Under Mainland China laws, rules and regulations, the “short swing profit rule” requires you to return any profits made from purchases and sales in respect of China Connect Securities of a Mainland China Listco if
(a) your shareholding in the Mainland China Listco exceeds the threshold prescribed by the relevant China Connect Authority from time to time; and (b) the corresponding sale transaction occurs within the six months after a purchase transaction, or vice versa. You will comply with the “short swing profit rule”.
Short Swing Profit Rule. If you own 5% or more* of the issued shares of a PRC listed company, you must return to the company any profit made from a sale of shares within six months of the purchase thereof (or vice versa).
Short Swing Profit Rule. Under Mainland laws and regulations, the “Short Swing Profit Rule” requires investors to return any profit made from purchases and sales in respect of SSE Securities or SZSE Securities of a Mainland listed company if (a) your shareholding in the Mainland listed company exceeds the threshold prescribed by the relevant China Connect authority from time to time and (b) the corresponding sale transaction occurs within six months after a purchase transaction, or vice versa.
