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36氪 was informed that, according to information from the China Securities Regulatory Commission, recently, with the approval of the State Council, the China Securities Regulatory Commission and the Hong Kong Securities Regulatory Commission approved the Shanghai Stock Exchange, Shenzhen Stock Exchange, Hong Kong Stock Exchange, China Clearing and Hong Kong Clearing to carry out the Shanghai-Shenzhen-Hong Kong Stock Connect trading calendar optimization work. The CSRCs of the two places have issued a “Joint Announcement” to clarify the relevant mechanism arrangements. After the optimization, Shanghai-Shenzhen-Hong Kong Stock Connect trading can be opened on the common trading day of the three exchanges. In 2014 and 2016, the Shanghai-Shenzhen-Hong Kong Stock Connect was launched successively, and the overall operation was stable. As of the end of June this year, the Shanghai-Shenzhen Stock Connect held a market value of 2.55 trillion yuan in A shares, and the Hong Kong Stock Connect held a market value of 1.91 trillion yuan in Hong Kong stocks, which has become an important force participating in the operation of the two markets. With the development and deepening of the interconnection mechanism, investors in both places have an increasing demand for optimizing the trading calendar of the Shanghai-Shenzhen-Hong Kong Stock Connect and increasing the number of trading days. In this regard, the China Securities Regulatory Commission and the Hong Kong Securities Regulatory Commission organized relevant parties to conduct in-depth research and demonstration, and formulated an optimization plan for the two-way trading calendar of Shanghai-Shenzhen-Hong Kong Stock Connect on the basis of extensively soliciting opinions from market institutions and investors in the two places. The main arrangements are: comprehensively considering the impact of increasing trading days on investors, exchanges, clearing companies and market institutions, and on the basis of basically not changing the operating logic of the Shanghai-Shenzhen-Hong Kong Stock Connect mechanism, open Shanghai and Shenzhen closed due to failure to meet the settlement arrangements. Hong Kong Stock Connect trading day. It is estimated that after the optimization of the trading calendar, it is expected to reduce the number of days currently unavailable for trading by about half.
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