Clifford Chance Newsflash: Shenzhen-Hong Kong Stock Connect Officially Announced
22 August 2016
Along with the PRC State Council's approval of the plan to implement the Shenzhen-Hong Kong Stock Connect programme, the China Securities Regulatory Commission (CSRC) and the Hong Kong Securities and Futures Commission (SFC) issued a joint announcement on 16 August 2016 to introduce the Shenzhen-Hong Kong Stock Connect and to set out the framework and principles for its operation. This is another major milestone following the launch of the Shanghai-Hong Kong Stock Connect in 2014 which enables investors in both Mainland China and Hong Kong to directly and mutually access each other's stock markets.
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