Following the successful completion of Post Release Test held on 17 June 2023, HKEX is pleased to announce that the HKD-RMB Dual Counter Model has been launched on 19 June 2023.
To further support the RMB development in the Hong Kong securities market, HKEX introduced the HKD-RMB Dual Counter Model (“Model”) to the secondary market for trading and settlement purposes.
The Model covers securities listed in both HKD and RMB counters only. All shares or units of the same securities but in different trading counters are generally of the same class, with the same holders’ rights and entitlements, and fully interchangeable between counters. Such securities would be designated as the HKD-RMB Dual Counter Securities and be published by HKEX from time to time after the rollout of the Model.
This page provides a centralized point of information for market participants’ reference on the implementation details of the Model.
Introduction
FAQ and Briefing Materials
List of Dual Counter Securities and Mapping File of Dual Counter Securities and Dual Counter Market Makers
Reference Materials of the Dual Counter Market Making Programme
Circulars and Client Notice
Press Release