Hong Kong Law
SFC and CSRC increase daily quotas for Mainland-Hong Kong stock connect
On 11 April 2018, the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission announced an increase of the daily quotas for Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.
The new daily quotas will take effect on 1 May 2018 and will increase the daily quota for each of the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect schemes to:
- For Northbound trading – RMB 52 billion each from the current RMB 13 billion; and
- For Southbound trading – RMB 42 billion each from the current RMB 10.5 billion.
For more information about Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, please refer to the dedicated page on our website here.
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Charltons - Hong Kong Law - 402 - 11 April 2018