Shanghai-Hong Kong Stock Connect is a securities trading and clearing links programme to be developed by securities regulators in Shanghai and Hong Kong, allowing investors in Hong Kong and Mainland China to trade and settle eligible stocks listed on the other market respectively via the exchange and clearing house in the local market.

Shanghai-Hong Kong Stock Connect provides the first channel for investors on the Mainland and in Hong Kong to gain direct access into the other market, paving the way for the subsequent opening-up of the Mainland’s capital account and internationalization of the RMB.

There will be trading links and clearing links established under the programme to enable investors in Hong Kong and overseas to trade eligible SSE securities via Hong Kong brokers. Meanwhile, eligible investors in the Mainland may also trade eligible HK stocks listed on SEHK via the Mainland brokers. Investors participating in northbound and southbound trading will be trading in RMB. In other words, it is the first time investors on both sides are allowed to gain direct access into the other market for investment purposes.

Northbound trading is open to all Hong Kong and overseas investors wishing to trade eligible SSE-listed A shares, including institutional and individual investors.