Shanghai And Hong Kong Will Start &#34, &#34, Clearing And Tax System.

The notice of HKEx emphasizes that Hong Kong and Hong Kong will only implement the relevant paction and settlement rules and develop related systems, obtain all regulatory approvals and market participants are also given sufficient opportunities to modify and adjust their operation and technology systems, and all necessary investor education plans are ready.

Some brokers said that the preparatory work before the launch of the Shanghai and Hong Kong links is as follows: the SFC needs to approve the HKEx's revision of the exchange rules and the general rules of the central clearing system on the Shanghai and Hong Kong Exchanges. It recognised the automated trading service licence (ATS) of the two Municipal exchanges, signed the memorandum of cooperation between the two Securities Regulatory Commission on cross-border supervision and law enforcement, and clarified the tax of Shanghai Stock Exchange by the State Administration of taxation.

According to media reports, all brokerages who have already signed up for the Shanghai and Hong Kong business will gradually accept on-site system acceptance from exchanges and Clearing Corp.

The qualified broker can become the first pilot broker.

It is reported that in order to make more effective use of the amount of the North paction (Shanghai Stock Exchange) and ensure the smooth operation of Shanghai and Hong Kong's operations, Shanghai and Hong Kong exchanges have paid a lower price limit of 4% for the Shanghai Stock Exchange. The lower price limit has been implemented in the first round of market exercises at the end of August and will continue to be adopted in the next second rounds of market exercise tests.

according to

The second round of market exercises this weekend will continue from 11:00 a.m. to 15:30 p.m., compared with previous tests.

In September,

Continue to flow into Hong Kong listed A shares ETF layout, Shanghai and Hong Kong through investment opportunities.

According to the Shanghai Securities Journal statistics, during from September 1st to 8th, there were still more than A shares of ETF products received net purchase, net inflow of nearly HK $2 billion, and this is already A shares ETF for fifteenth consecutive weeks of net inflow of funds.

Analysts pointed out that the upcoming "traffic"

The project has attracted more and more international investors to pay attention to A shares, and some funds have been arranged in advance through the A shares ETF listed overseas, leading to the rapid expansion of the related A shares ETF's recent fund.

Because overseas investors still focus on A shares, it is expected that A shares ETF will continue to be sought after.