The Hong Kong Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) have jointly announced their in-principle approval for the further expansion of the scope of stocks eligible for trading under Mainland-Hong Kong Stock Connect. After the expansion, which will cover both northbound and southbound trading, Stock Connect is expected to include stocks that account for more than 80% of the equity trading in each market. This will strengthen mutual access between the Mainland and Hong Kong stock markets and provide additional liquidity for both market...
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