Shenzhen Stock Exchange Fully Supports Smooth Listing And Trading of Shenzhen-Hong Kong ETF Connect Products
Recently, China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) respectively approved the registration of two Shenzhen-Hong Kong ETF Connect products. Fund managers in the mainland and Hong Kong of China respectively set up two ETF products, and invested in a single target ETF in the counterpart market. The products will be listed on SZSE and Hong Kong Exchanges and Clearing Limited (HKEX) respectively for trading after being established. As an important result of long-term and deepened cooperation and communication between the two exchanges and among the asset management institutions in Shenzhen and Hong Kong, they will further enrich the products traded on the two exchanges and provide more diversified choices to investors in the mainland and Hong Kong of China for cross-border investment and wealth management.
SZSE will follow the unified deployment of CSRC, adhere to the market-oriented, rule-of-law-based, international development direction, cooperate closely with HKEX, provide support to fund managers, and fully support Shenzhen-Hong Kong ETF Connect products in getting listed as soon as possible and realizing stable implementation. SZSE will continue to develop cross-border capital market cooperation, take solid steps to promote two-way opening-up of the capital market, and better serve the building of the Guangdong-Hong Kong-Macao Greater Bay Area and the Shenzhen demonstration pilot zone for socialism with Chinese characteristics.