Author: Hwang Hwa Sim

Hong Kong, China - H-share Full Circulation Programme and Share Monetisation and Financing Transactions

In November 2019, the China Securities Regulatory Commission (the “CSRC”) announced the full launch of the full circulation of H-shares (the “Full Circulation Programme”) following an initial pilot programme. Final rules regulating registration, custody and transaction settlement were published jointly by China Securities Depository and Clearing Corporation Limited (“ChinaClear”) and the Shenzhen Stock Exchange (the “SZSE”) on 31 December 2019.