Examples of Shanghai Stock Connect in a sentence
For investors via the Shanghai Stock Connect Program who are tax residents of other countries and whose country of domicile is a country which has entered into a tax treaty with the PRC stipulating a dividend tax rate of less than 10%, those enterprises or individuals may, or may entrust a withholding agent to, apply to the competent tax authorities for the entitlement of the rate under such tax treaty.
For Hong Kong investors (including enterprises and individuals) investing in the Company’s A Shares via the Shanghai Stock Connect Program, the Final Dividend will be distributed in Renminbi by the Company through the Shanghai Branch of China Securities Depository and Clearing Corporation Limited to the account of the nominee holding such A Shares.
The record date and the date of distribution of the Final Dividend and other arrangements for investors via the Shanghai Stock Connect Program will be the same as those for the holders of A Shares of the Company.
For investors of Shanghai Stock Connect who are tax residents of other countries and whose country of domicile is a country which has entered into a tax treaty with the PRC stipulating a dividend tax rate of lower than 10%, those enterprises and individuals may apply to the competent tax authorities for the entitlement of the rate under such tax treaty.
Withholding of Income Tax for Holders of A Shares via the Shanghai Stock Connect For investors of the Hong Kong Stock Exchange (including enterprises and individuals) investing in the A shares of the Company listed on the SSE (the “Shanghai Stock Connect”), the dividends received by them will be distributed in RMB by the Company through the Shanghai Branch of China Securities Depository and Clearing Corporation Limited as the nominee account holding such A shares.
For Hong Kong investors (including enterprises and individuals) investing in the Company’s A Shares via the Shanghai Stock Connect Program, their dividends will be distributed in RMB by the Company through the Shanghai Branch of China Securities Depository and Clearing Corporation Limited to the account of the nominee holding such A Shares.
According to the Shanghai and Shenzhen stock exchanges, the trading volume on the two stock exchanges (excluding Shanghai Stock Connect, Shenzhen Stock Connect and exchange- traded money market funds) amounted to approximately RMB227.82 trillion in 2022, with an average daily volume of RMB0.94 trillion, a decrease of 9.97% from 2021.
The record date, the dividend distribution date and other arrangements for investors via the Shanghai Stock Connect Program will be the same as those for the Company’s A Share shareholders.
The Fund may directly access certain China A-Shares listed and traded on the Shanghai Stock Exchange ("SSE") through the Hong Kong – Shanghai Stock Connect program or the Shenzhen Stock Exchange ("SZSE") through the Hong Kong – Shenzhen Stock Connect program ("Stock Connect Securities", with those programs hereafter referred to as "Stock Connect").
The turnover of equity funds on Shanghai and Shenzhen stock exchanges (excluding Shanghai Stock Connect, Shenzhen Stock Connect and exchange-traded money market funds) amounted to approximately RMB227.82 trillion in 2022, a year-on-year drop of 9.97%.