Asia: Disconnect

Author: | Published: 15 Dec 2016

After months of speculation and uncertainty, the Shenzhen-Hong Kong Stock Connect is officially up and running. The scheme, which is the second of its kind, was officially launched on December 5, linking the two bourses for the first time since the Shenzhen Stock Exchange was opened in 1991. It will allow international and Hong Kong investors to trade in 881 Shenzhen-listed stocks up to a quota of RMB13 billion ($1.89 billion), while PRC investors will have access to 417 Hong Kong-listed stocks and be subject to a daily quota of RMB10.5 billion.