Examples of Shenzhen Connect in a sentence
The Northbound daily quota is set at thirteen billion Renminbi for each of Shanghai Connect and Shenzhen Connect.
China A-shares are traded in Renminbi and the respective Share Classes de- nominated in another currency must trade and settle their transactions through Shanghai Connect and Shenzhen Connect in Renminbi.
Northbound trades executed under Shanghai and Shenzhen Connect will follow the settlement cycles of the Shanghai and Shenzhen markets.
The daily quota limits the maximum net buy value of cross-boundary trades under each of Shanghai Connect and Shenzhen Connect each day.
After declaring ChinaClear as a defaulter, set-off will be applied to any obligations and liabilities between ChinaClear and HKSCC arising from Shanghai Connect and Shenzhen Connect for Northbound and Southbound Trades.
Shenzhen Connect by and large applies similar programme principles and design.
The scope of the existing co-operation arrangement between the SFC and the CSRC has been extended to include Shenzhen Connect upon the launch of Shenzhen Connect.
Information relating to the development of Shenzhen Connect can be found on the HKEX website.
Under current PRC rules, a single foreign investor’s shareholding in a listed company (regardless of the channels through which shares in such listed company are held, including through QFII, RQFII and Shanghai and Shenzhen Connect) is not allowed to exceed 10% of the company’s total issued shares, while all foreign investors’ shareholding in the A shares of a listed company is not allowed to exceed 30% of its total issued shares.
SSE Securities purchased through Shanghai Connect and SZSE Securities purchased through Shenzhen Connect will be considered in totality with those purchased by QFII and RQFII, and subject to the same foreign shareholding restriction.