The CSRC, SFC issued a joint announcement on 16 August, 2016, approving in principle the establishment of mutual stock market access between Shenzhen and Hong Kong. According to a person in charge with SZSE, the joint announcement specifies the scope of eligible shares included in Shenzhen-Hong Kong Stock Connect. The eligible shares are listed on the Main Board, SME Board and ChiNext Market and represent China’s emerging industries, highlighting high-growth market feature and offering expanded investment opportunities for both domestic and overseas investors. In order to ensure the smooth launch and safe operation of Shenzhen-Hong Kong Stock Connect, SZSE will make careful preparations, actively carry out lawful, strict and comprehensive supervision, strengthen market surveillance, prevent risks associated with cross-border speculations, crack down on irregularities and violations such as market manipulation, and enhance relevant risks disclosure and promoting investor education.
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