The Hong Kong Securities Clearing Company (HKSCC), a subsidiary of Hong Kong Exchanges and Clearing (HKEx), and the Taiwan Depository & Clearing Corporation (TDCC) signed a Memorandum of Understanding focused on cooperation and the exchange of information.
HKSCC, the clearing house and central depository for HKEx’s securities market, provides clearing, settlement, depository and nominee services for securities listed in Hong Kong. TDCC, the central depository in Taiwan, provides services for equity securities and fixed-income instruments.
(JDC)