SHHK Stock Connect definition

SHHK Stock Connect means Shanghai-Hong Kong Stock Connect, a securities trading and clearing links programme developed by SEHK, SSE, HKSCC and CSDCC for the establishment of mutual market access between Hong Kong and Shanghai; 「滬港通」指由香港聯交所、香港結算及中國結算為實現中國內地與香港兩地投資者直接進入對方市場的目標所建立的證券交易及結算互聯互通專案；
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SHHK Stock Connect means Shanghai-Hong Kong Stock Connect, a securities trading and clearing links programme developed by HKEx, SSE and ChinaClear for the establishment of mutual market access between Hong Kong and Shanghai; "SZHK Stock Connect" means Shenzhen-Hong Kong Stock Connect, a securities trading and clearing links programme developed by HKEx, SZSE and ChinaClear for the establishment of mutual market access between Hong Kong and Shenzhen; "SSE" means Shanghai Stock Exchange; "SZSE" means Shenzhen Stock Exchange; "SSE Rules" means the rules and regulations of SSE including any rules and regulations in relation to SHHK Stock Connect; "SZSE Rules" means the rules and regulations of SZSE including any rules and regulations in relation to SZHK Stock Connect; "SSE Securities" means securities listed and traded on SSE which may be traded by Hong Kong and overseas investors under SHHK Stock Connect. "SZSE Securities" means securities listed and traded on SZSE which may be traded by Hong Kong and overseas investors under SZHK Stock Connect.
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SHHK Stock Connect means Shanghai-Hong Kong Stock Connect “SSE” means Shanghai Stock Exchange
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Examples of SHHK Stock Connect in a sentence

  • Clients must be a holder of Stock Accounts (HK, US & Shanghai A-shares via SH-HK Stock Connect).

  • Certain Funds may invest in eligible China A-Shares through the SHHK Stock Connect, the SZHK Stock Connect, or other similar scheme(s) established under applicable laws and regulations from time to time, as appropriate.

  • However, there is no guarantee on how long the exemption will last and there can be no certainty that the trading of China A- Shares invested through SHHK Stock Connect and SZHK Stock Connect (“SC Securities”) will not attract a liability to such tax in the future.

  • Where a suspension in the Northbound trading through the SHHK Stock Connect or the SZHK Stock Connect is affected, a Fund’s ability to access the PRC market will be adversely affected.

  • If a Fund is unable to utilise this model, it would have to deliver SC Securities to brokers before the trading day and the above risks may still apply.(f ) Recalling of eligible stocksWhen a stock is recalled from the scope of eligible stocks for trading via SHHK Stock Connect or SZHK Stock Connect, the stock can only be sold but will be restricted from being bought.

  • Quota limitationsEach of SHHK Stock Connect and SZHK Stock Connect is subject to a daily quota (“ Daily Quota”).

  • However, Circular 36, Circular Caishui [2016] No.70 and Circular Caishui [2016] No.127 specifically provide that gains derived by (a) QFII/RQFII License Holders from the trading of marketable securities in the PRC, or (b) overseas investors (including entities and individuals) from trading of China A-Shares through SHHK Stock Connect and SZHK Stock Connect, or (c) overseas institutional investors approved by People’s Bank of China from the direct investment in RMB market of CIBM are exempted from VAT.

  • However, there is no guarantee on how long the exemption will last and there can be no certainty that the trading of China A-shares invested through SHHK Stock Connect and SZHK Stock Connect (“SC Securities”) will not attract a liability to such tax in the future.

  • Each of SHHK Stock Connect and SZHK Stock Connect is subject to a Daily Quota.

  • The SSE, SZSE and SEHK will enable Funds to trade eligible shares listed on the other’s market, as applicable, through local securities firms or brokers, subject to rules and regulations issued from time to time.Each of SHHK Stock Connect and SZHK Stock Connect is subject to a Daily Quota.

Related to SHHK Stock Connect

  • 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.

  • Aggregate Stock Consideration means a number of shares of Purchaser Common Stock equal to (i) the Purchase Price less the Aggregate Cash Consideration and less the Aggregate Note Consideration, divided by (ii) the Average Market Price.

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • OTP means One Time Password

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.