China News Service, Shenzhen, December 5 (Zhu Zuying) The Shenzhen Stock Exchange ("Shenzhen Stock Exchange") announced on the 5th that since the fifth anniversary of the Shenzhen-Hong Kong Stock Connect, market institutions and investors in the two places have actively participated in Shenzhen and Hong Kong. Through the Shenzhen-Hong Kong Stock Connect, the transaction scale of Shenzhen-Hong Kong Stock Connect has continued to grow rapidly.
As of December 5, the accumulated transaction value of Shenzhen-Hong Kong Stock Connect was RMB 41.9 trillion, with an average annual growth rate of 94.5%.
It is reported that in the past five years, the accumulated transaction value of Shenzhen Stock Connect is 33.7 trillion yuan, an average annual growth rate of 104.1%, showing an accelerated growth trend; the cumulative transaction value of Shenzhen-Hong Kong Stock Connect under the Shenzhen-Hong Kong Stock Connect is 8.2 trillion yuan, an average annual increase of 82.2%. Maintain a continuous upward trend.
In addition, with the growth of transaction amount, the influence of Shenzhen-Hong Kong Stock Connect on the capital markets of the two places is increasing.
At present, Shenzhen Stock Connect accounts for 4.5% of the Shenzhen A-share transaction value, and Southbound Stock Connect accounts for 6.8% of the Hong Kong stock market transaction value. It has become an important channel for attracting incremental funds, in order to increase transaction activity and market Liquidity makes a positive contribution.
According to the Shenzhen Stock Exchange, starting from May 2018, the daily quota of Shenzhen Stock Connect has been increased from RMB 13 billion to RMB 52 billion, and the daily quota of Southbound Stock Connect has been increased from RMB 10.5 billion to RMB 42 billion, enhancing long-term overseas institutions. The convenience for investors to participate in the A-share market provides important support for the inclusion of A-shares in international indexes such as MSCI and FTSE Russell.
At the same time, in the past five years, the Shenzhen Stock Exchange has actively promoted the continuous expansion of the scope of the Shenzhen-Hong Kong Stock Connect. WVR companies that will be listed on the Hong Kong Stock Exchange, biotechnology companies, and H-share companies corresponding to A+H shares on the Science and Technology Innovation Board. Incorporated into the scope of Southbound Stock Connect stocks to better meet the needs of investors in the market.
In addition, international investors have accumulated a total of 793.21 billion yuan in net purchases through Shenzhen Stock Connect, holding a stock market value of 1.3 trillion yuan, accounting for 4.2% of the Shenzhen A-share market value, and becoming an important investment force in the A-share market; the mainland Investors have accumulated a net purchase of HK$946.90 billion through Southbound Stock Connect, with a stock market value of HK$1.0 trillion.
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