Examples of Shenzhen Stock Connect in a sentence
Investment Policy The Sub-Fund will invest at least 70% of its net assets in shares known as transferable securities such as: • Chinese A-shares listed on the Shanghai and Shenzhen stock exchanges via the Hong Kong – Shanghai and Shenzhen Stock Connect Programs,• Hong Kong H-shares listed on the Hong Kong Stock Exchange, and• Shares of Chinese companies listed overseas that carry out the majority of their business and derive the majority of their income in China.
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.
Investment Policy The Sub-Fund will invest at least 70% of its net assets in shares known as Transferable Securities such as: • Chinese A-shares listed on the Shanghai and Shenzhen stock exchanges via the Hong Kong – Shanghai and Shenzhen Stock Connect Programs,• Hong Kong H-shares listed on the Hong Kong Stock Exchange, and• Shares of Chinese companies listed overseas that carry out the majority of their business and derive the majority of their income in China.
The Stock Connect is a securities trading and clearing linked program developed by The Stock Exchange of Hong Kong Limited ("SEHK"), Hong Kong Securities Clearing Company Limited ("HKSCC"), China Securities Depository and Clearing Corporation Limited ("ChinaClear"), Shanghai Stock Exchange ("SSE") and the Shenzhen Stock Connect ("SZSE"), respectively, with an aim to achieve mutual stock market access between the PRC (excluding Hong Kong, Macau and Taiwan) and Hong Kong.
These China Connect Terms and Risk Disclosures (Shanghai and Shenzhen Stock Connect) (as amended from time to time, the “China Connect Terms”) shall apply where the Customer informs or indicates to the Bank that the Customer wishes to trade China Connect Securities through China Connect.
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").
In general, A-shares are issued by companies incorporated in the People’s Republic of China (PRC) and listed on the Shanghai and Shenzhen Stock Exchanges and available for investment by domestic (Chinese) investors and holders of a Qualified Foreign Institutional Investor (QFII) license and, in the case of certain eligible A-shares, through the Shanghai and Shenzhen Stock Connect programs.
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%.
From January to August, China’s stock market has seen capital inflows of 126.5 billion RMB through Shanghai Stock Connect and Shenzhen Stock Connect, and foreign investors have increased their holdings of Chinese bonds by 601.5 billion RMB, an increase of 4.9 billion RMB and 296.9 billion RMB respectively year-on-year.
Risks linked with dealing in securities in China via Stock Connect A Fund may invest through Shanghai Stock Connect in certain eligible stocks listed on the Shanghai Stock Exchange (“SSE”) (“SSE Securities”) and through the Shenzhen Stock Connect in certain eligible stocks listed on the Shenzhen Stock Exchange (“SZSE”) (“SZSE Securities”), (collectively with the SSE Securities, “Eligible Securities”).The relevant regulations are untested and subject to change.