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Shenzhen-Hong Kong Stock Connect
Shenzhen-Hong Kong Stock Connect (SEHKSZSE) () is a cross-boundary investment channel that connects the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. Under the program, investors in each market are able to trade shares on the other market using their local brokers and clearing houses. Chinese Premier Li Keqiang Li Keqiang ( zh, s=李克强, p=Lǐ Kèqiáng; 3 July 1955 – 27 October 2023) was a Chinese economist and politician who served as the seventh premier of China from 2013 to 2023. He was also the second-ranked member of the Politburo Standing ... announced the programme on 16 August 2016. The scheme launched on 5 December 2016. History Two years after the launch of the Shanghai-Hong Kong trading link, a similar link was launched between the Shenzhen Stock Exchange and the Hong Kong Stock Exchange, broadening the range of A-shares international investors can trade. References See also * Shanghai-Hong Kong Stock Connect Shenzhen Stock Exchange Economy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shenzhen Stock Exchange
The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Exchange and the Shanghai Stock Exchange. It is situated in the Futian district of Shenzhen. The SZSE is the List of stock exchanges, world's 6th largest stock exchange with a market capitalization exceeding US$4.4 trillion in July 2024. History On 1 December 1990, Shenzhen Stock Exchange was founded. As an idea adapted from the capitalist countries, it was politically controversial in China. In support of the stock exchange, Deng Xiaoping rhetorically asked, "Are securities and the stock markets good or bad? Do they entail dangers? Are they peculiar to capitalism? Can socialism make use of them?" Deng contended that China must try them out and reserve judgment, because if securities and the stock market went well, they could be expanded, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market capitalization as of August 2024. The exchange plays a crucial role in connecting international investors with Mainland China, mainland Chinese companies, serving as a major platform for capital raising. Unlike Chinese stock exchanges (other), mainland Chinese exchanges, it operates under Hong Kong’s distinct regulatory framework, which allows greater access to foreign investors. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing, Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became the world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME Group, CME. A 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Li Keqiang
Li Keqiang ( zh, s=李克强, p=Lǐ Kèqiáng; 3 July 1955 – 27 October 2023) was a Chinese economist and politician who served as the seventh premier of China from 2013 to 2023. He was also the second-ranked member of the Politburo Standing Committee of the Chinese Communist Party (CCP) from 2012 to 2022. Li was a major part of the "Generations of Chinese leadership, fifth generation of Chinese leadership" along with Xi Jinping, the CCP general secretary and President of China, president. Born in Hefei, Anhui province, in 1955, Li initially rose through the ranks of Chinese politics through his involvement in the Communist Youth League of China (CYLC), serving as its First Secretary of the Communist Youth League of China, first secretary from 1993 to 1998. From 1998 to 2004, Li served as the governor of Henan and the province's Chinese Communist Party Committee Secretary, party secretary. From 2004 to 2007 he served as the party secretary of Politics of Liaoning, Liaoning, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai-Hong Kong Stock Connect
Shanghai-Hong Kong Stock Connect () is a cross-boundary investment channel that connects the Shanghai Stock Exchange and the Hong Kong Stock Exchange. Under the program, investors in each market are able to trade shares on the other market using their local brokers and clearing houses. Chinese Premier Li Keqiang announced the programme on 10 April 2014. The scheme launched on 17 November 2014. History Mutual market access was raised as early as January 2013 when Charles Li, the chief executive of HKEx, announced it as an objective in the bourse's three-year strategic plan. It was finally formally announced by Chinese Premier Li Keqiang at the Boao Forum in the Chinese province of Hainan on April 10, 2014. Premier Li said the move aims to promote two-way opening-up and healthy development of the capital market on the mainland and Hong Kong. "We will carry out a new round of opening-up at a high level," Li said, adding that an important part of this endeavor is to further open up ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Hong Kong
The economy of Hong Kong is a Developed country, highly developed free-market economy. It is characterised by Taxation in Hong Kong, low taxation, almost free port trade and a well-established international financial market. Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, and is pegged to the United States dollar, US dollar. Interest rates are determined by the individual banks in Hong Kong to ensure that they are market driven. There is no officially recognised central banking system, although the Hong Kong Monetary Authority functions as a financial regulatory authority. Its economy is governed under positive non-interventionism, and is highly dependent on international trade and finance. For this reason it is regarded as among the most favorable places to start a company. In fact, a recent study shows that Hong Kong has come from 998 registered start-ups in 2014 to over 2800 in 2018, with eCommerce (22%), Fintech (12 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
