Reminder – Hong Kong marekts are closed for a holiday today | Forexlive
Hong Kong Exchnage is closed for a holiday today.
Northbound and Southbound channels (Stock Connect) are closed.
Mainland Chinese markets are open.
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Shanghai-Hong Kong Stock Connect is one:
- a mutual market access program through which investors in each market can trade shares on the other market directly
- launched in 2014
- Northbound Trading allows international and Hong Kong investors to trade eligible shares listed on the Shanghai Stock Exchange via the Hong Kong Stock Exchange.
- Southbound Trading allows mainland Chinese investors to trade eligible shares listed on the Hong Kong Stock Exchange via the Shanghai Stock Exchange.
- The Shanghai-Hong Kong Stock Connect allows foreign investors to access China’s A-shares market (shares in mainland China-based companies that were previously difficult for foreign investors to access) and it allows mainland Chinese investors to access the Hong Kong market.
In addition to the Shanghai-Hong Kong Stock Connect, there is also the Shenzhen-Hong Kong Stock Connect
- launched in 2016
- links Shenzhen Stock Exchange with the Hong Kong Stock Exchange in a similar way
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