Hong Kong and Mainland Chinese Exchanges Enhance Stock Connect Scheme Through Addition of 91 ETFs
Friday, 12 July 2024, 11:12
Stock Connect Scheme Expansion: New ETF Additions
Enhancing market access, Hong Kong and mainland Chinese exchanges have introduced 91 new ETFs to the Stock Connect scheme. The expansion includes 85 ETFs for northbound trading and six for southbound trading, set to come into effect on July 22.
- Increased Accessibility: The move aims to enhance market access and provide more investment opportunities.
- Trading Efficiency: With the expanded list of ETFs, investors on both sides can diversify their portfolios and trade more efficiently.
Overall, the addition of these 91 ETFs to the Stock Connect scheme signals a significant step towards strengthening market connectivity between Hong Kong and mainland China.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.