HKEx On Possible Mutual Market Connectivity Between Mainland China And Hong Kong
We have noted press reports on 2 April regarding the possible establishment of certain mutual market connectivity between Mainland China and Hong Kong involving HKEx and the Shanghai Stock Exchange.
HKEx has been in discussions with its Mainland Chinese counterparts regarding the potential establishment of mutual market connectivity initiatives between Mainland China and Hong Kong. HKEx wishes to emphasise that as at the date of this announcement, no agreement has been entered into and there is no assurance that an agreement on mutual market connectivity will be entered into. The Company will make a further announcement to update investors and the market in compliance with the SFO and the Listing Rules as and when appropriate.
At the request of HKEx, trading in HKEx shares (stock code: 388) and convertible bonds (stock code: 4575) on The Stock Exchange of Hong Kong Limited (“Stock Exchange”) was halted with effect from 3:12 pm on 2 April 2014 pending the release of this announcement. Application has been made by HKEx to the Securities and Futures Commission for resumption of trading in HKEx shares and the convertible bonds on the Stock Exchange with effect from 9:00 am on 3 April 2014.