May 27, 2022 09:04 PM (GMT+8) · EqualOcean
The Shanghai Stock Exchange solicits opinions from the public on the relevant rules for ETF to be included in the interconnection subject. According to the rules, on the basis of the existing Shanghai Shenzhen Hong Kong stock connect mechanism, the mainland and Hong Kong stock ETFs that meet certain conditions will be included in the scope of interconnection targets. The inclusion criteria are as follows: the average daily asset size of ETFs in the mainland market in the past six months has reached 1.5 billion yuan, and the component securities are mainly the stocks of Shanghai and Shenzhen Stock Exchange; The average daily asset size of ETFs in the Hong Kong market in the past six months has reached HK $1.7 billion, and the component securities are mainly Hong Kong stock standard stocks, excluding synthetic ETFs, leverage and reverse products. At the same time, the ETF included in the target must meet the requirements of listing for 6 months and the target index has been released for one year. In principle, the ETF included in the subject matter shall be adjusted every six months. In terms of trading mechanism, daily quota control, investor suitability management, regulatory cooperation, clearing and settlement and risk control arrangement, it is basically consistent with the existing stock mechanism of Shanghai Shenzhen Hong Kong stock connect, which is limited to secondary market trading.

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