Under what circumstances will Hong Kong Stock Connect have special trading arrangements?

Hello, the Hong Kong market is a frequent place for typhoons and black storms, and there is a set of established and mature practices in the Hong Kong market. In case of special holidays and bad weather, the Hong Kong market will make special arrangements for trading, clearing and settlement. At that time, the settlement arrangements of China Clearing Securities Company will be adjusted accordingly as follows:

Situation 1:

If typhoon signal No.8 and black rainstorm (signal/warning issued before 9: 00 and still not lifted by 12: 00) on that day, it is confirmed as the non-settlement day for settling in Hong Kong. Then suspend the fund settlement on that day 10: 30 (if it is terminated before 12, the settlement will start). If 12 has not been lifted, and it is confirmed that the day is a non-settlement day, China settlement will do the following:

For transactions receivable and payable funds, funds payable for portfolio fees, corporate behavior funds and related securities whose settlement date is the same day (S day), the settlement date will be adjusted to the next settlement date of Hong Kong Stock Connect (S+ 1 day). The risk control fund will be adjusted to the next working day of Hong Kong Stock Connect.

For transactions with settlement date of S+ 1, the settlement date is adjusted to S+2. At the end of the day, the liquidation will proceed as usual.

If the settlement date of Hong Kong settlement adjustment is the settlement date of non-Hong Kong Stock Connect, China settlement will not delay the settlement and delivery of Hong Kong Stock Connect on that day.

Situation 2:

If the signal/warning of Typhoon Signal No.8 is issued after 9: 00 and not before 12: 00, the securities settlement in Hong Kong will be carried out on the settlement date, but the funds will be postponed to the next settlement date, which is the non-settlement date of funds, but it does not belong to the non-settlement date. In this case:

The securities settlement on that day was handled normally.

10: 30 The acceptance of the delivery batch has been confirmed. If a signal/warning is issued between 9: 00- 10: 30, the delivery of this batch will be suspended; If the signal/warning is sent after 10: 30, the batch will be processed normally.

The settlement calendar is adjusted to 12, and the fund settlement cycle is adjusted to t+18: 00.

At the end of the day, the liquidation will proceed as usual.

Investors can consult securities companies according to the specific situation to understand their specific settlement arrangements under special weather conditions.

(Note: The working day of Hong Kong Stock Connect is the trading day of Hong Kong Stock Connect or the settlement date of Hong Kong Stock Connect. )