Re: Amendment of Rules in Relation to Northbound Trading of Stock Connect- 1-year transitional period in relation to restricting Mainland investors from Northbound Trading under Stock Connect will end soon

2023-07-14 09:43 GF Securities (Hong Kong) Brokerage Limited

Annex：中华通北向交易的规则修订通知- 限制内地投资者参与沪深股通的一年过渡期即将结束.pdf

Date: 14 July 2023
Dear Valued Client, 
Re: Amendment of Rules in Relation to Northbound Trading of Stock Connect- 1-year transitional period in relation to restricting Mainland investors from Northbound Trading under Stock Connect will end soon

Thank you for choosing the services of GF Securities (Hong Kong) Brokerage Limited(“GFSHK”)! 
On 24 June 2022, the Stock Exchange of Hong Kong Limited (“HKEX”) announced the amendment of rules in relation to northbound trading of stock connect by China Securities Regulatory Commission (CSRC), Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE), which the CSRC, SSE and SZSE have announced their rule amendments (in Chinese only) in relation to restricting Mainland investors from Northbound Trading under Stock Connect with effect from 25 July 2022 (the Effective Date).
Based on the amendment of rules, with effect from 24 July 2023, Mainland investors shall not proactively buy any China Connect Securities through Northbound Trading under Stock Connect (including subscription for right issues (配股)), but excluding obtaining China Connect Securities passively as a result of certain corporate actions (such as distribution of stock dividends).
For more details, please refer to the corresponding circular published by HKEX: 
https://www.hkex.com.hk/-/media/HKEX-Market/Services/Circulars-and-Notices/Participant-and-Members-Circulars/SEHK/2022/CT08822E.pdf
Should you have any questions, please feel free to contact our customer service hotline at (852) 3719-1288/4008695575. 

GF Securities (Hong Kong) Brokerage Limited