30 ETFs of Shenzhen Stock Exchange included in mainland-Hong Kong stock connect
Trading of exchange-traded funds (ETFs) was incorporated into the mainland-Hong Kong stock connect programs on July 4. This marked new progress in linking the capital market between the two sides. Shanghai, Shenzhen, and Hong Kong stock exchanges held their respective launching ceremony that day.
According to announcements released by the Shanghai, Shenzhen, and Hong Kong exchanges, a total of 87 ETFs were included in the first list of interconnected targets. Among them are 53 ETFs on Shanghai Stock Exchange, 30 ETFs on Shenzhen Stock Exchange, and four ETFs on Hong Kong Stock Exchange.
The Shenzhen Stock Exchange said it would ensure the ETF reform is carried out smoothly and constantly deepen win-win cooperation with relevant parties in more fields, at a higher level, and in a wider range of win-win cooperation.
The connectivity mechanism represents an important channel for the two-way flow of capital.