Hong Kong Securities Clearing Company Limited is a wholly-owned subsidiary of the Stock Exchange of Hong Kong. Investors' shares are centrally deposited with the Hong Kong Securities Clearing Company Limited. In fact, the shares held by Hong Kong Securities Clearing (Agency) Co., Ltd. are the total shares of H-share shareholders' accounts traded on the trading platform of Hong Kong Securities Clearing (Agency) Co., Ltd. ... that is to say, those individual shareholders put their shares in this company, and the company only holds them as agents. Behind him are countless H-share shareholders, mostly retail investors. Of course, not only Hong Kong people, but also investors who have invested in the Hong Kong Stock Exchange, their funds and stocks are all in this company.