SZHK Stock Connect definition

SZHK Stock Connect means Shenzhen-Hong Kong Stock Connect, a securities trading and clearing links programme developed by SEHK, SZSE, HKSCC and CSDCC for the establishment of mutual market access between Hong Kong and Shenzhen; 「深港通」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;
SZHK Stock Connect means Shenzhen-Hong Kong Stock Connect
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.

Examples of SZHK Stock Connect in a sentence

  • 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.

  • Differences in trading day The SHHK and SZHK Stock Connect will only operate on days when both the relevant PRC and Hong Kong markets are open for trading and when banks in the relevant markets are open on the corresponding settlement days.

  • The Funds which invest through the SHHK and SZHK Stock Connect may be subject to a risk of price fluctuations in China A-Shares during the time when the relevant Stock Connect is not trading as a result.

  • Further, the “connectivity” in the SHHK and SZHK Stock Connect requires routing of orders across PRC and Hong Kong.

  • 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.

  • In such a case, the Fund’s ability to access the China A-Share market (and hence to pursue its investment strategy) through the SHHK and SZHK Stock Connect will be adversely affected.

  • Operational risk The SHHK and SZHK Stock Connect is premised on the functioning of the operational systems of the relevant market participants.

  • The SZHK Stock Connect is a similar securities trading and clearing linked programme developed by SEHK, SZSE, HKSCC and CSDCC for the establishment of mutual stock market access between mainland China (Shenzhen) and Hong Kong.

  • Therefore, quota limitations may restrict a Fund’s ability to invest in China A-Shares through SHHK and SZHK Stock Connect on a timely basis.The Daily Quota may change from time to time without prior notice and investors should refer to the SEHK website and other information published by the SEHK for up-to-date information.

Related to SZHK 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.

  • 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;

  • 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.

  • 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;

  • 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).

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

  • Common Shares means the common shares in the capital of the Company;

  • OTP means One Time Password

  • Fully Diluted Shares means the sum of (1) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time, plus (2) the number of shares of Company Common Stock issuable upon conversion of shares of Company Preferred Stock issued and outstanding immediately prior to the Effective Time, plus (3) the number of shares of Company Common Stock issuable upon exercise of all In-the-Money Company Options (whether or not vested) outstanding immediately prior to the Effective Time.