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HKSCC definition

HKSCC means Hong Kong Securities Clearing Company Limited;
HKSCC means the Hong Kong Securities Clearing Company Limited or its successors.
HKSCC means the Hong Kong Securities Clearing Company Limited;

Examples of HKSCC in a sentence

  • I understand that my identity as the beneficial owner of China Connect Securities which are the subject of a sell order may need to be disclosed to HKSCC and/or relevant Mainland China authorities.

  • Where I receive as entitlements shares or other types of securities ftrhoemissuer of a China Connect Security, whether I can buy and/or sell the entitlement security through China Connect will depend on a number of factors including whether the entitlement security is a China Connect Security, whether or not it is traded in RMB and whether or not HKSCC has put in place arrangements enabling me to do so.

  • If ChinaClear defaults, HKSCC may, but has no obligation to, take any legal action or court proceedings to seek recovery of outstanding China Connect Securities and monies from ChinaClear.

  • In addition, HKSCC will endeavour to collect and distribute cash dividends relating to China Connect Securities to Clearing Participants participating in China Connect in a timely manner.

  • The Bank in turn will only be distributing the China Connect Securities and/or monies to the extent recovered directly or indirectly from HKSCC.


More Definitions of HKSCC

HKSCC means the Hong Kong Securities Clearing Company Limited including, where the context so requires, its agents, nominees, representatives, officers and employees;
HKSCC means the Hong Kong Securities Clearing Company Limited or its successors. “Hong Kong” means the Hong Kong Special Administrative Region of the PRC.
HKSCC means the Hong Kong Securities Clearing Company Limited, a wholly-owned subsidiary of HKEx.
HKSCC means the Hong Kong Securities Clearing Company Limited or its successors. “IFRS” means International Financial Reporting Standards.
HKSCCHong Kong Securities Clearing Company Limited
HKSCC means the Hong Kong Securities Clearing Company Limited, a wholly owned subsidiary of HKEx. “Mainland China” means the People’s Republic of China (excluding Hong Kong, Macau and Taiwan).
HKSCC means the Hong Kong Securities Clearing Company Limited including, where the context so requires, its agents, associates, representatives, officers and employees;