Chinese authorities issued a document to regulate the mainland and Hongkong stock exchange mechanism tinyos

Chinese official issued a document to regulate the mainland and Hongkong stock market mechanism – the news agency of the new China Unicom Network in September 30 Beijing Xinhua (reporter Chen Kangliang) in order to regulate the mainland and Hongkong stock market trading interconnection mechanism related activities, China Commission 30 days in Beijing officially issued "some provisions of the trade between the mainland and Hongkong stock market interconnection mechanism (hereinafter referred to as" the "Regulations"), and formally implemented from the date of publication. According to the Commission spokesman Deng Ge introduced, the "provision" follows the June 2014 release of "Shanghai and Hong Kong stock market trading pilot interconnection mechanism" several provisions of laws and regulations applicable principles, the main market of the rights and obligations and responsibilities of most of the content. The changes are mainly in the following three aspects: one is the scope of the Shanghai and Shenzhen Tong and extended to Shanghai and Hong Kong; two is the appropriate management of the Shanghai and Shenzhen Tong and investors follow the principle of territorial management, for example, Hongkong investors entrust brokers trading deep shares through the stock, need to comply with Hongkong rather than mainland investors. Regulatory requirements and business rules; the three is to improve the future currency exchange mechanism of the reserved system space. With the Shanghai and Shenzhen Tong, approved, foreign investors in the mainland to take legal action to safeguard the legitimate rights and interests of the issues of concern. In this regard, Deng Ge said that under the name of the actual owner of the right to hold the right to bring legal proceedings, the mainland law is not clearly defined, there is no clear ban. "We understand that under the interconnection mechanism, Hongkong clearing as the nominal holder of foreign investors, registered as Shanghai shares, deep stock holders, you can exercise the rights of the relevant shareholders, filed a lawsuit. If an overseas investor may provide evidence that it is the owner of the actual interest and has a direct interest in the case, he may, in his own name, bring a legal action in the mainland court." Deng Ge said. It is reported that the Commission issued the "Regulations" in addition, also will be released "on Hong Kong stocks through Hong Kong listed companies to the territory of the original shareholders for placement of shares of shareholders of listed companies" provisions "rules", "guide" and "articles of association of the listed company stock fund management institutions in the mainland and Hongkong stock market trading interconnection guidelines" announcement etc. as a support, respectively, through the Hong Kong stock Hong Kong listed companies to the territory of the original shareholders of placing shares, securities registration and clearing institution as a nominal holder to participate in the general meeting of shareholders voting rules, in the securities fund management institutions involved in the interconnection of specific provisions. The Shenzhen stock exchange, Shanghai stock exchange and Chinese securities registration and Clearing Corp will also be simultaneously released the latest formulation or revision of the "Shenzhen stock exchange Shenzhen industry service implementation measures" to "the Shanghai stock exchange and the Shanghai and Hong Kong through business" measures for the implementation of the "mainland and Hongkong stock market trading interconnection mechanism of registration, custody and settlement business implementation details" other related rules. Deng Ge said, the next step, the Commission will actively cooperate with relevant ministries have issued the "notice" the people’s Bank of China China Securities Regulatory Commission on the relevant issues concerning the pilot of the mainland and Hongkong stock market trading interconnection mechanism and other supporting documents, the parties actively participate in the hope that the market interconnection business)相关的主题文章: