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What's the connection between SEHK and HKEx?
1, law

Legally speaking, companies from Hong Kong, Cayman and Chinese mainland can apply for listing in Hong Kong (BVI has been accepted recently), while domestic listing can only be registered in Chinese mainland.

2. Structure

Hong Kong Exchanges and Clearing Limited (HKEx)HKEx:

0388 is the Hong Kong Stock Exchange. HKEx is a holding company with three subsidiaries, namely Stock Exchange of Hong Kong Limited, Hong Kong Futures Exchange Limited and Hong Kong Securities Clearing Company Limited.

The main business is to own and operate the only stock exchange and futures exchange in Hong Kong and its related clearing houses. The chairman is Ronald ARCULLI, and the CEO is Zhou.

SEHK is an institution similar to Shanghai Stock Exchange or Shenzhen Stock Exchange, and also a listed company with the code of 0388.HK. The main audit institution for domestic enterprises to go public in Hong Kong is the Stock Exchange (not the Hong Kong Securities Regulatory Commission).

3. Acquisition of acquired goods

In fact, it is an exchange. After the HKEx was acquired, it was called the Stock Exchange of Hong Kong.

Extended data:

Ethnicity

The earliest securities trading in Hong Kong can be traced back to 1866. The first stock exchange in Hong Kong, Hong Kong Securities Brokers Association, was established in 189 1, and14 was renamed as Hong Kong Stock Exchange. The second stock exchange, Hong Kong Securities Brokers Association, was established in 192 1.

1947, the two exchanges merged into the Stock Exchange of Hong Kong Limited. By the end of 1960s, the original stock exchange in Hong Kong could no longer meet the needs of the prosperity and development of the stock market. After 1969, three exchanges, namely Far East, Jinyin and Jiulong, were established one after another, and the Hong Kong stock market entered the so-called "four-meeting era" in which the four major exchanges coexisted.

The stock market crash of 1973- 1974 fully exposed the disadvantages brought by the coexistence of the four major securities markets in Hong Kong. On March 27th, 1986, the four exchanges formally merged to form the Hong Kong Stock Exchange. On April 2, the Stock Exchange opened and began to enjoy the exclusive right to establish, operate and maintain the securities market in Hong Kong.

stock exchange

Securities trading in Hong Kong has a long history, which appeared as early as the opening of Hong Kong in the19th century. However, it was not until 189 1 Hong Kong Brokerage Association was established that there was a formal stock exchange market in Hong Kong.

19 14, the association changed its name to Hong Kong Brokers Association. 192 1 year, Hong Kong Stock Exchanges Association was incorporated as the second exchange in Hong Kong. After World War II, the two exchanges merged into the Hong Kong Stock Exchange on 1947.

Organizational structure of HKEx

Hong Kong Exchanges and Clearing Limited

Limited) is the only institution that operates the Hong Kong stock market. Without the consent of the Financial Secretary, no individual or organization may hold more than 5% of the shares of the Stock Exchange of Hong Kong. On September 1 1, 2006, the Hong Kong Stock Exchange became a component of the Hang Seng Index.

From 65438 to 0999, the Financial Secretary of the Hong Kong Special Administrative Region proposed a comprehensive reform of Hong Kong's securities and futures market to enhance Hong Kong's competitiveness and meet the challenges brought by market globalization.

According to the reform plan, the Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Futures Exchange Limited (HKFE) were demutualized and merged with Hong Kong Securities Clearing Limited (HKSCC), which was owned by a single holding company, the Hong Kong Stock Exchange. The merger of the three companies was completed on March 6, 2000 and listed on the Hong Kong Stock Exchange on June 27, 2000.

Baidu Encyclopedia-Stock Exchange of Hong Kong Limited

Baidu Encyclopedia-Hong Kong Exchanges and Clearing House Limited