AsiaInfo Technologies (1675.HK) included in Hong Kong Stock Connect scheme
Retrieved on:
Thursday, September 17, 2020
SHENZHEN, China, Sept. 16, 2020 /PRNewswire/ -- AsiaInfo Technologies Limited, China's leading telecom software provider (Ticker Symbol: 1675.HK), has been added to the Hong Kong Stock Connect scheme.
Key Points:
- SHENZHEN, China, Sept. 16, 2020 /PRNewswire/ -- AsiaInfo Technologies Limited, China's leading telecom software provider (Ticker Symbol: 1675.HK), has been added to the Hong Kong Stock Connect scheme.
- The Hong Kong, Shanghai and Shenzhen Stock Exchanges launchedthe Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect schemes on November 17, 2014 and December 5, 2016 respectively, as a means to allow Hong Kong and Mainland Chinese investors to trade securities in each other's markets through the trading and clearing facilities of their home exchange.
- With the inclusion of AsiaInfo Technologies, mainland institutional investors and eligible individual investors will be able to buy and sell stocks of the company through the scheme.
- On September 7, changes in the number as well as the specific equities included in the Hong Kong Stock Connect scheme due to theperiodic adjustment of the constituent stocks of the Hang Seng Composite Index took effect, where 10 new stocks under Shanghai-Hong Kong Stock Connectwere added to the scheme and 11 were dropped; at the same time 24 under Shenzhen-Hong Kong Stock Connect were added and 15 were dropped.