Speculation is mounting as to whether additional access schemes will be rolled out between China and other major regional markets.
Tag: Stock Connect
The interface will help BNP Paribas's custody clients to manage their migration to DLT without having to adapt their global operating platform.
The new programme represents the first time foreign investors can access China A-Shares, via depository receipts, outside of the Greater China region.
ETF Connect, expected to launch last year, had struggled to overcome a number of technical issues concerning differences in trading and settlement mechanisms.
It is now more than likely that the London-Shanghai Stock Connect trading scheme will be up and running, with a go-live date pencilled in for December.
HKEX will trial the technology to help complete post-trade allocations and processing for northbound trades under Stock Connect within a tight settlement window.
China's inclusion into the MSCI Emerging Markets Index has driven a dramatic increase in foreign institutions opening up special segregated accounts (SPSAs).
Positive sentiment to investing in China has largely been influenced by clearer and more flexible access schemes for foreign investors.
The launch of the service follows the go-live of China A-Shares on the MSCI Emerging Markets Index for the first time.
Around 70% of the nearly 230 mainland-traded stocks joined MSCI’s emerging markets and global indexes on Friday.