Re: Implementation of investor identification for Northbound trading under Stock Connect

2018-05-18 13:25 GF Securities (Hong Kong) Brokerage Limited

Annex：中華通北向文易投資者識別碼制度公告_Website.pdf

　　Thank you for choosing GF Securities(Hong Kong)Brokerage Limited.
　　The Securities and Futures Commission(SFC)announces that an investor identification regime for Northbound(“NB”)trading under Mainland-Hong Kong Stock Connect will be implemented by the third quarter of 2018.
　　Under the NB Investor identification regime,GF Securities(Hong Kong)Brokerage Limited(“GFSHK”)is required to assign a unique Broker-to-Client Assigned Number(“BCAN”)to each of our NB trading clients.Each BCAN should be mapped to the Client Identification Data(“CID”)of that particular client which includes the client’s name,identity document issuing country,ID type and ID number.GFSHK is required to submit the BCAN-CID mappings of all our NB trading clients in one file(i.e.“BCAN-CID Mapping File”)to SEHK.If the BCAN-CID mapping of a client has not been received by SEHK at or before the prescribed T-1 day cut-off time,or such mapping information has failed the relevant validation check,the corresponding client shall not be allowed to place NB orders on T day.“T day”and“T-1 day”refer to NB trading days under the current NB trading calendar.
　　The investor identification regime for NB trading will entail the collection and use of personal data by the SEHK and its subsidiaries,as well as its transfer to the Mainland exchanges and the China Securities Regulatory Commission.Upon the implementation of the investor identification for NB trading under Stock Connect,your authorization and written consent are required for on-going NB trading service under Stock Connect.Please complete,sign and submit the“Northbound trading application form(For Individual/Joint Account)”or“Northbound trading application form(For Corporate/Institutional Account)”for application.Or else,you can only allow to place sell orders with your existing stocks holding under Stock Connect.
　　If you have any questions,please contact our Customer Services Hotline at(852)3719-1288/40086 95575 or email to seccs@gfgroup.com.hk.Thank you.
 
　　Yours faithfully,
　　GF Securities(Hong Kong)Brokerage Limited