Discover the “Shanghai-Hong Kong Stock Connect” Scheme

Featuring

Nick Ronalds

Managing Director, Equities

Asia Securities Industry & Financial Markets Association (ASIFMA)

活动介绍：

On April 10, 2014, Chinese and Hong Kong regulators announced the planned launch of the “Shanghai-Hong Kong Stock Connect” scheme, kicking off bouts of awe, excitement, enthusiasm, and a lot of unanswered questions. This scheme seems simple enough on its face. Most stocks on the Shanghai Stock Exchange will become accessible from outside the PRC via Hong Kong brokers and the Hong Kong Stock Exchange (HKEx) when the scheme launches in October. Conversely, Chinese investors will be allowed to trade Hong Kong stocks.

In this talk, we will look underneath the hype at some intriguing questions:

- Whose law applies, Hong Kong or China’s?

- If China’s, what is the legal status of shares owned by foreign investor held at Chinaclear, the SSE clearing house and what are the implications?

- Will China’s capital gains and other taxes apply or will an exemption be granted?

- The scheme requires sellers to deliver shares to brokers on T-1. Why so, and how will that affect investors desire to trade?

- How to get RMB for purchases, and at what exchange rate?

- What will the impact be on the existing QFII system?

We will discuss these and other questions relating to Stock Connect as well as broader questions about the evolution of China’s markets, including, what’s next? How soon will options be introduced on the stock index and on individual stocks?

Tuesday, August 5, 2014

5:00 p.m. – 7:30 p.m.

Illini Center, 4th Floor, Classroom C

200 S Wacker Dr. Chicago IL

Agenda:

5:00 – 6:00pm Registration & Networking

6:00 – 7:30pm Speech including Q&A

Fee: CFAA Member - $8; Non-CFAA Member with online payment $13; walk-ins: $18

报名请点击页底“阅读原文”链接，或访问CFAA网站http://www.chinesefinanceassociation.org/events-programs/cfaa-events-3/

注：此次活动是CFAA与UIUC合办。