Examples of CCASS China Connect Rules in a sentence
Under the CCASS China Connect Rules, HKSCC is prepared to provide assistance to the beneficial owners of China Connect Securities where necessary.
CCASS China Connect Rules means the General Rules of the Central Clearing and Settlement System, as amended for the purposes of securities trading and clearing links programme developed by the SEHK, SSE, SZSE, HKSCC and ChinaClear for the establishment of mutual market access between the SEHK and the relevant stock market in the PRC, and as amended, supplemented, modified or varied from time to time.
You should note that, under the CCASS China Connect Rules, HKSCC as nominee holder shall have no obligation to take any legal action or court proceeding to enforce any rights on behalf of the investors in respect of China Connect Securities in the PRC or elsewhere.
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As set out in the CCASS China Connect Rules, HKSCC, as nominee holder, will (subject to applicable PRC Laws) assert or exercise the rights listed in (A) to (E) above for or on behalf of participants of CCASS and the underlying beneficial owners of China Connect Securities under the China Connect programme.