The launch date for the Shanghai-Hong Kong Stock Connect programme ("Stock Connect") has been announced by the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC). Trading through Stock Connect will start on the 17th, November, 2014.

Our previous briefings on Stock Connect can be found at the following links Shanghai-Hong Kong Cross-Border Share Trading Plan and Shanghai-Hong Kong Stock Connect-The Train Steams Ahead.

The CSRC and the SFC note in their joint announcement that the necessary trading and clearing rules, the daily and aggregate quota mechanisms and other regulatory and operational arrangements have been finalized and that a series of market rehearsals have been completed with market participants in both markets.

The announcement also notes the recent signing of a Memorandum of Understanding between the CSRC and the SFC on Strengthening Regulatory and Enforcement Cooperation under Stock Connect which will strengthen the enforcement cooperation between the CSRC and the SFC and signifies their commitment to act against cross-boundary illegal activities and market misconduct to maintain an orderly market and protect investors under Stock Connect.

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