Shanghai Stock Connect means that investors entrust the participants of the Stock Exchange to report to the Shanghai Stock Exchange through the stock exchange service company of the Stock Exchange, and buy and sell the stocks listed on the Shanghai Stock Exchange within the prescribed scope.

Shenzhen Stock Connect means that Hong Kong investors entrust Hong Kong brokers to report to Shenzhen Stock Exchange through the Securities Trading Service Company (SPV) established by the Stock Exchange in Shenzhen, and buy and sell stocks listed on Shenzhen Stock Exchange within the prescribed scope;

Reference: Introduction to Shanghai Stock Connect of Shanghai Stock Exchange; Investors' Guide to Hong Kong Stock Connect