China Securities Regulatory Commission, Guidelines on the Participation in Trading Through the Shanghai-Hong Kong Stock Connect by Publicly Offered Securities Investment Funds

中国证券监督管理委员会公开募集证券投资基金参与沪港通交易指引

April 29, 2015 | BY

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Mainland Chinese funds may invest in Hong Kong stocks without QDII qualifications.

Clp Reference: 3700/15.03.27 Promulgated: 2015-03-27 Effective: 2015-03-27

Issued: March 27 2015
Effective: as of date of issuance


Main contents: The Guidelines specify that fund managers may offer new funds and invest in Hong Kong market stocks through the Shanghai-Hong Kong Stock Connect without requiring qualified domestic institutional investor (QDII) qualifications (Article 4). Funds that were approved or registered before the implementation of the Guidelines are required to adopt different procedures to participate in the Shanghai-Hong Kong Stock Connect based on the provisions of their fund contracts (Article 5).


Related legislation: PRC Securities Investment Fund Law (Revised); Measures for the Administration of the Operation of Publicly Offered Securities Investment Funds; and Circular on Tax Policies Relevant to the Pilot Project for the Mechanisms to Provide Mutual Trading Access Between the Shanghai and Hong Kong Stock Markets



clp reference:3700/15.03.27promulgated:2015-03-27effective:2015-03-27

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