On January 20, 2017, the Hong Kong Exchanges and Clearing Ltd flag flew outside the Exchange Square in Hong Kong. EDMOND TANG CHINA DAILY BEIJING -- China will increase the trading days of the stock connect programs between the mainland and Hong Kong in the country's latest move to open up the capital markets, the country's top securities regulators announced Friday.
The Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect that were formerly closed due to settlement arrangements will be opened, the China Securities Regulatory Commission said in a statement.
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After the adjustment, the stock connect programs can conduct trading on shared trading days of the Shanghai, Shenzhen and Hong Kong bourses. It is estimated that the trading calendar optimization could reduce the number of days currently unavailable for trading by half.
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The statement stated that the adjustment will help to boost the attractiveness of the mainland and Hong Kong capital markets and consolidate Hong Kong's status as an international financial center.