Responding to the forthcoming launch of Shenzhen-Hong Kong Stock Connect, China Exchanges Services Company Limited (CESC) has announced there will be a change to the universe of securities for its CES Stock Connect 300 Index (CES 300) upon the start of Shenzhen-Hong Kong Stock Connect.
On the launch date, the universe of securities for the “Shenzhen A Shares” segment of the CES 300 will be changed to include all eligible stocks for the Northbound Trading under Shenzhen-Hong Kong Stock Connect (an overview of the index’s universe after the change is shown in the Appendix). CESC will conduct an ad hoc review for the 100 Shenzhen-listed A shares in the CES 300 and an announcement will be made in due course should there be any changes.
CESC Chief Executive Mao Zhirong said:
CESC is designed to make a contribution to the internationalisation of China’s capital markets and connectivity among the three exchanges.”
Aiming to respond quickly in an ever-changing market, CESC has been preparing for the launch of the Shenzhen-Hong Kong Connect programme,”
Mr Mao shared, adding CESC has already licensed a fund house to develop a relevant product on the CES 300, as investors from the Mainland and around the globe are looking for diversified cross-border investment opportunities.