Xiaomi has no chance of going to Beishui. Continental shares have different rights and do not accept Hong Kong stock – hkej.com



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The Shanghai Stock Exchange and the Shenzhen Stock Exchange have said that the three types of securities added to the Hang Seng composite index will not be included in the Hong Kong Stock Connect.

Both stock exchanges have published notice that since July 16 (next Monday), Hang Seng Composite Index Large Cap, Hang Seng Composite Index Mid Cap and Hang Seng Composite Index Small Cap are among the constituent shares of foreign companies and joint securities. Shares of "shares with different rights" will not be included in "Hong Kong Stock Connect" shares under "Shanghai-Hong Kong Stock Connect" and "Shenzhen-Hong Kong Stock Connect", and the other shares will be transferred to operations normal.

In the next step, we will relentlessly push the reform and opening up of the capital market, seriously evaluate with the market parties, actively create conditions to expand the scope of interconnection and market. exchange inventory and optimize and constantly improve the interconnection and interoperability mechanism.

HSI previously announced whether the Hang Seng composite index should be included in the consultation summary of foreign companies, common securities and various companies of voting rights, and announced the list of foreign companies, stapled securities and different companies voting rights. The shares will enter the stock selection of the Hang Seng Composite Index and the new stock selection will be implemented in the third quarter of this year.

HSI is soon included in Hong Kong's first "shared share" shares, Xiaomi Group (01810), which will be included in the Hang Seng Composite Index, the Hang Seng Global Composite Index and after the close of trading. July 20 (Friday) Hang Seng Internet Technology Industry Index. In other words, continental investors can buy and sell Xiaomi shares via Hong Kong Stock Connect. However, the move by the Shanghai Stock Exchange will make Xiaomi unable to respond to the "North Water" sweep.

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