People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Regulation and Supervision of Secondary Markets

June 15, 2021

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Format: Chicago

People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Regulation and Supervision of Secondary Markets, (USA: International Monetary Fund, 2021) accessed September 19, 2024

Summary

Hong Kong SAR has, over the recent years, become an equity trading hub catering to domestic and foreign investors, including increasingly to investors from Mainland China. Most trading is conducted on markets operated by recognized exchange companies, with limited domestic trading happening via automated trading services (ATS) providers in the form of alternative liquidity pools. The introduction of Stock Connect in 2014 enabled investors from Hong Kong (including domestic and foreign) to directly invest in the Shanghai and later Shenzhen markets and investors from the Mainland to directly access the Hong Kong market. Trading via Stock Connect has seen a steady rise over the last few years, increasing the linkages between Hong Kong SAR and the Mainland. Mainland companies currently account for over 60 per cent of market capitalization of the equities traded on the Stock Exchange of Hong Kong (SEHK).

Subject: Financial institutions, Financial markets, Financial Sector Assessment Program, Financial sector policy and analysis, International organization, International trade, Monetary policy, Securities, Stock markets, Stocks, Trade systems

Keywords: ATS provider, China securities regulatory commission, Financial Sector Assessment Program, Global, Hong Kong exchange, Market risk monitoring, People's Republic of China-Hong Kong Special Administrative Region, Securities, Stock markets, Stocks, Trade systems

Publication Details

Pages:

37
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/115
Stock No:

1HKGEA2021003
ISBN:

9781513573267
ISSN:

1934-7685

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