The long-awaited Shenzhen-Hong Kong Stock Connect is expected to launch in early November. The announcement comes after the Shenzhen and Hong Kong stock exchanges, together with the China Securities Depository and Clearing Corporation Limited and Hong Kong Securities Clearing Company Limited, signed a cooperation agreement on Tuesday.
To ensure the new system is implemented smoothly, the Shenzhen and Hong Kong stock exchanges will carry out simulation tests starting next Monday and running until November 9th. After the success of the similar Shanghai-Hong Kong stock connect, this new system is expected to offer investors from both sides more opportunities.