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ETFs in Mainland-Hong Kong stock connect to launch on July 4

06/28/2022 | 08:30am EDT
FILE PHOTO: A woman walks past a panel displaying stock indices of various markets in Hong Kong

HONG KONG (Reuters) - Trading of exchange-traded funds (ETFs) under Mainland-Hong Kong Stock Connect will commence on July 4, the regulators said in a joint statement on Tuesday.

The regulators - China Securities Regulatory Commission (CSRC) and Hong Kong's Securities and Futures Commission (SFC) - said they have agreed on arrangements for cross-boundary regulatory cooperation and investor education.

Stock connect schemes enable investors in mainland China and Hong Kong to freely trade stocks listed on exchanges in both locations.

(Reporting by Twinnie Siu and Meg Shen; Editing by)


© Reuters 2022
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