The Optimized Trading Calendar of Shanghai-Hong Kong Stock Connect is Officially Launched to Effectively Improve Efficiency of Cross-border Investment under Stock Connect

According to the coordinated arrangements of the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) of Hong Kong, the optimized trading calendar of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect will be officially launched on April 24, 2023. The optimized trading calendar further improves the efficiency of cross-border investment under stock connect, guarantees the continuity and convenience of investors' trading, and better meets the needs of domestic and foreign investors participating in asset allocation in Mainland and Hong Kong capital markets. After its implementation, April 27 and 28 will be included as new trading days of Hong Kong Stock Connect in 2023, and May 25 will be included as a new trading day of Shanghai Stock Connect.

After the CSRC and the SFC issued a joint announcement in August 2022, the trading calendar optimization of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect was officially started. Since then, the SSE has issued supporting business rules such as the Notice on Matters Related to the New Trading Days of Hong Kong Stock Connect, updated the 2023 trading day arrangements for Hong Kong Stock Connect under Shanghai-Hong Kong Stock Connect, and clarified the specific dates of new trading days of Hong Kong Stock Connect in 2023. The SSE has organized market institutions to carry out business and technical preparations in a stable and orderly manner, and successfully completed the preliminary preparations for trading calendar optimization.

Going forward, under the unified deployment of the CSRC, the SSE will continue to promote further improvements of the stock connect mechanism, further enhance the attractiveness of Mainland and Hong Kong capital markets, and contribute to the high-standard and two-way opening up of the capital market.