HKEX, SSE and SZSE Announce Plans to Adjust Market Data Dissemination for Southbound, Northbound Stock Connect

Hong Kong Exchanges and Clearing Limited (HKEX), together with the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE), have announced adjustments to market data dissemination for Southbound and Northbound trading under the Stock Connect program. The adjustments aim to align market data practices with the Hong Kong market and Mainland China’s A-share market. For Southbound trading, real-time quota balance will be displayed when it falls below 30%. For Northbound trading, real-time quota balance will also be shown below 30%, while other real-time data will be limited, and historical data will be provided. The adjustments will be implemented in two stages for adequate preparation time. HKEX, SSE, and SZSE are fully committed to enhancing the Stock Connect program and supporting the development of both the Hong Kong and Mainland China markets. The adjustments are part of their commitment to the mutual market access program, under the guidance of the China Securities Regulatory Commission (CSRC) and Hong Kong’s Securities and Futures Commission (SFC). The goal is to ensure that market data dissemination aligns with the relevant practices in each market. The adjustments will be carried out in two stages to allow market participants sufficient time for preparation, with the first stage focusing on Northbound trading and the second stage implementing the remaining adjustments. Resources: https://www.hkex.com.hk/News/Market-Communications/2024/2404122news?sc_lang=en