Hong Kong to introduce Investor ID model for Stock Connect Northbound trades
On 30 November 2017 the Hong Kong Securities and Futures Commission (“SFC”) announced that an agreement has been reached with China Securities Regulatory Commission (“CSRC”) on proposals to introduce an investor identification model for Northbound trading under the Mainland – Hong Kong Stock Connect[1] (“Investor ID Model”). Hong Kong Exchange and Clearing Limited (“HKEX”) also […]