The Securities and Futures Commission has released ETF incorporation into the rule of interconnection.

Author:Securities daily Time:2022.06.25

Wen | Wu Xiaolu

On June 24th, in order to further deepen the interconnection and interoperability mechanism of the mainland and the Hong Kong stock market and promote the common development of the capital market between the two places, the Securities Regulatory Commission issued the "Announcement on the Related Arrangement of Connected to Interoperability" (hereinafter referred to as the "Announcement" ), Implemented from the date of release. There are 5 "Announcement", one is to clarify the expansion of the interconnection and interoperability mechanism of the mainland and the Hong Kong stock market to the transaction -type open -end fund, the other is to clarify the relevant institutional arrangement of reference to the stock interconnection of the stock, the third is to clarify the investor identification code arrangement, the fourth is to clarify Related requirements for securities companies and public fund managers, and fifth is to clarify related arrangements for business implementation. From May 27th, 2022 to June 10, 2022, the CSRC solicited opinions on the society publicly. In general, all parties of the market actively support the transaction -type open -end funds into interconnection. At the same time, some suggestions and suggestions are mainly concentrated in the scope of the targets included in ETF, purchasing and redemption, and marketing. After careful research, the Securities Regulatory Commission was adopted by some opinions. The CSRC stated that in the next step, the Securities Regulatory Commission will integrate the transaction -type open -end funds into the preparation of the transaction -type open -end funds, and the formal start time will be announced separately.