GCC Consulting

FURTHER UPDATES – ADJUSTMENTS TO MARKET DATA DISSEMINATION IN RELATION TO NORTHBOUND AND SOUTHBOUND TRADING UNDER STOCK CONNECT – THE REMAINING ITEMS

Further adjustments to market data dissemination related to Northbound and Southbound trading under Stock Connect will be implemented on 19 August 2024. These follow successful adjustments for real-time turnover and daily quota balance implemented on 13 May 2024. The upcoming changes, specifically item 6, involve the market data dissemination of Stock Connect for Northbound Trading on the CCASS Shareholding Search and Stock Connect Northbound Shareholdings Search, which will now be available quarterly on the 5th Northbound trading day following the quarter end. China Connect Clearing Participants (CCCPs) should review the detailed adjustments outlined in the Exchange circular CT/038/24 and ensure their systems are prepared for these changes.

Resources:https://www.hkex.com.hk/-/media/HKEX-Market/Services/Circulars-and-Notices/Participant-and-Members-Circulars/HKSCC/2024/ce_HKSCC_NOM_217_2024.pdf

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