| Northbound | Southbound | |
|---|---|---|
| Eligible Investor | Main board: All Hong Kong and overseas institutional and individual investors STAR board: All Hong Kong and overseas Institutional Professional Investors (IPI) (For the definition of IPI, please refer to: https://www.elegislation.gov.hk/hk/cap571D) |
All Mainland institutional investors; Qualified individual investors (with minimum securities and cash asset value of RMB 500,000) |
| Eligible Participant | All SEHK and HKSCC Participants | All SSE Members and CSDC Participants |
| Eligible Securities | Stock: 1.Constituent Stocks of SSE A-share Index*, which meet all of the following conditions in the past 6 months：a. The average daily market value shall not be less than RMB 5 billion; b. The average daily turnover shall not be less than RMB 30 million; c. The proportion of the number of days suspended is less than 50% of the total number of days of the trading day. Or 2.SSE-SEHK A+H shares * Stocks with differentiated voting rights structure need to meet further requirements. Excluding: Shares under risk alert and shares that are not traded in RMB ETF: ETF meets all the following conditions: (1) Denominated in RMB and with an average AUM of no less than RMB 500 million in the last 6 months; (2) has been listed at least 6 months; (3) The underlying index has been published for at least one year; (4) Among the underlying index constituent, the weighting of stocks listed on both SSE and SZSE shall not be less than 60%, and the weighting of Stocks that are eligible for Stock Connect Northbound shall not be less than 60%; (5) Other requirements the underlying index needs to meet. |
Stock: 1.Constituent Stocks of HS Composite LargeCap Index, HS Composite MidCap Index or HS Composite SmallCap Index with average month-end market capitalization not less than HK$5 billion in the past 12 months*. Or SSE-SEHK A+H shares * Stocks with weighted voting rights structure need to meet further requirements. Excluding: H shares which have corresponding A share under risk alert, and shares that are not traded in HKD ETF: ETF meets all the following conditions: (1) Primarily supervised by SFC; (2) Denominated in Hong Kong dollars and with an average AUM of not less than HK$550 million in the last 6 months; (3) has been listed at least 6 months; (4) The underlying index has been published for at least one year; (5) Among the underlying index constituent, the weighting of stocks listed on the HKEX shall not be less than 60%, and the weighting of stocks that are eligible Stock Connect Southbound shall not be less than 60%; (6) Other requirements the underlying index needs to meet; (7) are not synthetic ETFs, leveraged ETF and inverse ETF. |
Among the different types of SSE-listed securities, only certain A shares are included in the Northbound stock connect.
To view all Northbound eligible stocks, please visit: