Admission of Cheung Kong Property for Stock Connect's Southbound Trading
Market Operations
Mutual Market
02 Jun 2015
The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announces that Cheung Kong Property Holdings Limited (Cheung Kong Property, Stock code: 1113) will become eligible for Southbound trading under Shanghai-Hong Kong Stock Connect (Stock Connect), HKEx's mutual market access programme with the Shanghai Stock Exchange (SSE), on 3 June 2015. Cheung Kong Property will become a constituent stock of Hang Sang Composite LargeCap Index on 3 June 2015, thereby fulfilling the eligibility requirement for Stock Connect's Southbound trading.
Mainland investors with Cheung Kong Property shares will be able to sell the shares from 3 June 2015 onwards, while Southbound buy orders for the company's shares will be accepted from 8 June 2015, the date of the SSE's next review of the list of shares eligible for Stock Connect's Southbound trading.
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