CSRC: Transaction Open Fund is officially incorporated into interconnection and interoperability ｜ Express

Text/Qiu Li

On the evening of June 24th, the CSRC News, in order to further deepen the interconnection mechanism of the mainland and the Hong Kong stock market transaction (hereinafter referred to as "interconnected interoperability"), and promote the common development of the capital markets between the two places. The announcement will be issued clearly that the transaction open -type fund is included in the interconnection related arrangements.

The above announcement states that starting from the same day, trading open funds have been officially included in interconnection. Mainland and Hong Kong investors can use the shares and trading open -end funds that are listed on the exchanges of the other exchanges within the scope of local securities companies or brokers. Purchase. The transaction -type open -end fund is included in the interconnected transaction and registration settlement arrangement, the appropriateness of investors, and cross -border supervision and cooperation between the two places, and shall be implemented with reference to the "Several Provisions of the Mainland and the Hong Kong Stock Market Transaction Interoperability Mechanism". The transaction -type open -end fund is included in the interconnection.

It is worth noting that overseas investors invest in domestic transaction -type open -end funds through interconnection, and do not apply to Article 12 of the "Several Provisions of Interoperability". If the relevant laws and regulations and other relevant regulatory rules are stipulated in the proportion of investors' holdings, it is stipulated.

Fund managers of securities companies and public fund -raising securities investment funds to carry out related matters related to the Hong Kong Stock Connect Trade Open Fund in Hong Kong Stock Connect. The "Interim Provisions on the Interim Regulations of the Securities Fund Operation Institutions Use the Securities Investment Consultation Service of Hong Kong Institutions" and other relevant regulations shall be implemented.

Edit: Yan Hui

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