Hong Kong Market Watchdog Proposes Significant Change in Investment Threshold for Stock Connect Trading
Monday, 11 March 2024, 08:00
Overview
The Securities and Futures Commission of Hong Kong is contemplating a significant adjustment to the investment criteria for the Stock Connect program.
Proposed Change
SFC chairman Tim Lui has recommended lowering the minimum asset requirement for participation in the scheme from 500,000 yuan to 100,000 yuan.
Impact on Investors
This adjustment could potentially trigger a surge in cross-border trading activities between Hong Kong and China as it offers greater accessibility to investors seeking exposure to the Chinese market.
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.