SSE, SZSE, HKEX Reach Consensus on Conditions for Bringing WVR Companies into HK Stock Connect

In order to further improve the connectivity mechanism, the Shanghai Stock Exchange (SSE), the Shenzhen Stock Exchange (SZSE) and Hong Kong Exchanges and Clearing Limited (HKEX) have reached a consensus on the conditions for Hong Kong listed companies’ shares with weighted voting rights (WVR) to be included for the first time in southbound trading of the stock connect.

The SSE and the SZSE have amended relevant business rules, and they have respectively started soliciting opinions from the market today (August 2). Next, according to opinions of the market participants, the SSE and the SZSE will further amend and optimize relevant business rules, and officially release them to the market after fulfilling relevant decision-making and approval procedures.

In the future, the SSE, the SZSE and HKEX will continue to cooperate, co-improve the connectivity mechanism and boost the coordinated, steady and sound growth of Chinese mainland and Hong Kong capital markets.

For details, please refer to the “Notice of Soliciting Public Opinions on SSE Implementation Measures (Draft for Comment) for Business of Shanghai – Hong Kong Stock Connect”.