Hong Kong Stock Connect will be launched, which will be reported to the Stock Exchange through the Stock Exchange Service Company of Shanghai Stock Exchange, and the stocks listed on the Stock Exchange will be bought and sold within the prescribed scope. Its scope covers the constituent stocks of the Hang Seng Composite Large-cap Index and Hang Seng Composite Medium-cap Index of the Hong Kong Stock Exchange and A+H shares of companies listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange. The two sides can adjust the scope of investment targets according to the pilot situation. At the beginning of the pilot, the Hong Kong Securities Regulatory Commission required that domestic investors participating in the Hong Kong Stock Connect should be limited to institutional investors.

Extended data:

Securities trading in an exchange shall comply with the relevant provisions of the rules of the exchange. The more important rules are as follows:

(1) price

Every security traded on an exchange is traded at a specific "price", which represents the minimum range of price increase or decrease and is related to the price range of the securities. The exchange price list stipulates that the stock price ranges from 0.0 1-0.25 Hong Kong dollars (the price is 0.00 1 Hong Kong dollars) to 1000-9995 Hong Kong dollars (the price is 2.50 Hong Kong dollars). When the price of a stock rises or falls to another price range, its price will also change.

(2) Opening quotation

The rules of the exchange stipulate that the "opening price" should be carried out according to procedures to ensure the continuity of prices between two adjacent trading days and prevent the market from fluctuating violently when the market opens: the first buy or sell order entering the trading system on each trading day is regulated by the opening price rules. The price of the first order cannot exceed the previous day's closing price by 4 prices.

Baidu Encyclopedia-Hong Kong Stock Connect

Baidu encyclopedia-hong kong stocks