Short Swing Profit Rule Sample Clauses

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
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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.
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