Industrials, Financials, Technology Jun 28, 2022 09:24 AM (GMT+8) · EqualOcean
The CSRC will prohibit overseas mainland investors from participating in the stock interconnection mechanism, including not opening the Shanghai Shenzhen Hong Kong stock connect account and not trading a shares through such accounts. Under the new regulations, such long-standing investors and accounts will eventually be completely dismissed. The new regulations will be implemented from July 25, 2022, and a one-year transition period will be set to make different retirement arrangements for different groups of mainland investors.