CCASS means the Central Clearing and Settlement System established and operated by HKSCC or any successor system operated by HKSCC or its successors.

CCASS means the Central Clearing and Settlement System established and operated by Hong Kong Securities Clearing Company Limited;

CCASS means the Central Clearing and Settlement System established and operated by HKSCC;

Examples of CCASS in a sentence

All activities under CCASS are subject to the General Rules of CCASS and CCASS Operational Procedures in effect from time to time.
Settlement of transactions between participants of the Stock Exchange on any trading day is required to take place in CCASS on the second trading day thereafter.
Immediately after the credit of the Hong Kong Offer Shares to your stock account you can check your new account balance via the CCASS Phone System and CCASS Internet System (under the procedures contained in HKSCC’s “An Operating Guide for Investor Participants” in effect from time to time).
Once we make the payment to HKSCC Nominees Limited, who operates CCASS, you will have no further right against us for that payment, even if CCASS or your broker (and if applicable, its custodian) does not transfer your share of payment to you, or is late in making such payment transfer.
China Connect Securities are traded in scripless form and accordingly, China Connect Securities may not be physically deposited into and/or withdrawn from CCASS.

More Definitions of CCASS

CCASS means the Central Clearing and Settlement System operated by HKSCC;

CCASS means the Central Clearing and Settlement System established and operated by HKSCC

CCASS means the Central Clearing and Settlement System operated by HKSCC for the clearing of securities listed or traded on SEHK and/or any system established for the purpose of China Connect.

CCASS means the Central Clearing and Settlement System operated by HKSCC for the clearing of securities listed or traded on SEHK and/or any system established for the purpose of China Stock Connect.

CCASS the Central Clearing and Settlement System established and operated by HKSCC

CCASS means the Central Clearing and Settlement System operated by HKSCC for the clearing of securities listed or traded on The Stock Exchange of Hong Kong Limited and/ or any system established for the purpose of China Connect.