Under what circumstances will the trading of Hong Kong Stock Connect stocks be suspended?

When the following circumstances occur, the trading of Hong Kong Stock Connect shares can be suspended:

First of all, the price or quantity of shares of listed companies has changed. When stock exchanges monitor abnormal fluctuations in stock prices or trading volume, or media reports that may affect their securities prices or trading and related rumors appear in the market, in order to maintain fair and orderly market, stock exchanges generally contact listed companies, and listed companies must immediately reply to the inquiries of the exchange. Listed companies must fulfill their continuous responsibilities in the Listing Rules, disclose all "stock price sensitive materials" in time and ensure that these materials can be released fairly.

If a listed company is not aware of any development that will or may lead to abnormal fluctuations in its share price and trading volume, the company concerned should make an announcement through the "Easy Disclosure" website as soon as possible to explain its situation, and it is unnecessary for the company concerned to suspend trading.

If necessary, for example, the Exchange finds that the change in the stock price of a listed company is caused by the disclosure of some stock price sensitive information of the company, the listed company must issue a statement approved by the board of directors, explaining the matters that the company knows may cause abnormal fluctuations in its stock price or trading volume (including any discussion or discussion involving "stock price sensitive information"). In order to get enough time to sort out stock price sensitive information and make relevant announcements, listed companies may need to suspend their stock trading until an announcement is made to ensure that all investors can get relevant information fairly when buying and selling company stocks.

The so-called "stock price sensitive information" refers to the information related to listed companies that investors need to evaluate the company's status, or information that may have a significant impact on the company's stock trading (for example, favorable or unfavorable changes in financial performance, group restructuring, important transactions, securities issuance, etc.). According to the listing rules, listed companies have the responsibility to evaluate whether it belongs to their stock price sensitive information according to specific circumstances and their own circumstances.

The second is the influence of bad weather. Regarding the impact of bad weather on the trading of Hong Kong Stock Connect, investors can refer to "What will be the impact of 2.4.4 typhoon and black rainstorm warning on the trading time of Hong Kong Stock Connect?" The answer.

The third is the emergency handling of abnormal situations. In the history of Hong Kong market, there have been cases in which the website of "Disclosure Easy" was disturbed, which led to the instability of the system and the suspension of securities trading of some listed companies. In order to cope with this unexpected situation, the Stock Exchange has formulated the information release and related transaction arrangements of listed companies when the "easy to disclose" website service or information release system is blocked. If a listed company fails to publish relevant announcements involving stock price sensitive information through other effective channels when its website fails, its trading will be suspended.

In addition, listed companies and institutions authorized to upload materials will be suspended from trading until the incident is effectively resolved if there are narrative or operational errors in uploading reports due to lax internal control.

Regarding the suspension announcement, investors can inquire through "Disclosure Easy".