With 650bn yuan worth of MLF loans set to expire in December, the operation resulted in a net injection of 800bn yuan into the banking system, marking the most substantial monthly increase on record. The positive momentum extended beyond financial markets, with Chinese property stocks rallying due to the extension of eased home-buying restrictions to…
Read more
The Hong Kong Securities and Futures Commission (SFC) has announced that it has reached an agreement with the China Securities Regulatory Commission (CSRC) to implement an investor identification regime for northbound trading under Mainland-Hong Kong Stock Connect on 17 September 2018. The investor identification regime will facilitate more effective monitoring and surveillance by the CSRC…
Read moreFollowing today's joint announcement by the China Securities Regulatory Commission (CSRC) and Hong Kong's Securities and Futures Commission (SFC), Hong Kong Exchanges and Clearing Limited (HKEX) will work with the Shenzhen Stock Exchange (SZSE), the Shanghai Stock Exchange (SSE), the China Securities Depository and Clearing Corporation Limited (ChinaClear) and other relevant parties to establish mutual…
Read moreThe Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) have announced the approval, in principle, of the structure of Shenzhen-Hong Kong Stock Connect, which will provide mutual stock market access between Hong Kong and Shenzhen via a northbound trading link and a southbound trading link. There will be no aggregate quota under…
Read more