Shenzhen Connect definition

Shenzhen Connect means a securities trading and clearing links programme developed by SEHK, SZSE, HKSCC and CHINACLEAR for the establishment of mutual market access between Hong Kong and Shenzhen. 「沪港通及/或深港通主管当局」:指提供与沪港通及/或深港通有关的服务及/或监管沪港通及/或深港通及与沪港通及/或深港通有关的活动的交易所、结算系 统及监管部门,包括但不限于联交所、香港结算、联交所附属公司、相关沪港 通及/或深港通市场、中国结算、中国证监会、人行、国家外汇管理局、国税总 局及其他中国本地税务政策局、证监会、金管局、香港税务局以及对沪港通及/ 或深港通拥有司法管辖权、权限或责任的任何其他监管部门、机构或主管当局(包 括但不限于任何税务主管当局,或者可根据任何适用的法律或法规针对或就任 何沪港通及/或深港通证券征收或征取任何形式的税费、关税、罚款或罚金的其 他主管当局)。
Shenzhen Connect means a securities trading and clearing links programme developed or to be developed by the SEHK, SZSE, HKSCC and CSDCC for the establishment of mutual market access between the SEHK and SZSE.
Shenzhen Connect means a securities trading and clearing links program developed or to be developed by SEHK, SZSE, HKSCC and ChinaClear for the establishment of mutual market access between SEHK and SZSE.

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.


More Definitions of Shenzhen Connect

Shenzhen Connect means a securities trading and clearing links programme developed or to be developed by Stock Exchange, SZSE, HKSCC and ChinaClear for the establishment of mutual market access between Stock Exchange and SZSE.
Shenzhen Connect means a securities trading and clearing links systems developed by the Exchange, SZSE, HKSCC and ChinaClear for the establishment of mutual market access between the Exchange and SZSE;

Related to Shenzhen Connect

  • China means the People’s Republic of China, excluding, for purposes of this Agreement, Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan.

  • Mainland China means the People's Republic of China but excluding Hong Kong and Macau;

  • Solutions means Products and Services provided under this “CPE Products & Services; Professional Services” Section.

  • PTE means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time.

  • Stock Connect means the securities trading and clearing linked programme with an aim to achieve mutual stock market access between mainland China and Hong Kong, comprising the Shanghai- Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect.

  • Data Centre or "DC" means the primary centre where data, software, computer systems and associated components, such as telecommunication and storage systems, redundant or backup power supplies, redundant data communications, environment controls and security devices are housed and operated from;