How does China Settlement handle the compulsory company acquisition business?

China Clearing handles the compulsory company acquisition business, and according to the announcement of Hong Kong Clearing, the corresponding shares of investors in Hong Kong Stock Connect are purchased, kept and cancelled without the need for investors to declare.

China Clearing shall complete the transfer registration of the purchased shares and the payment of the corresponding purchased funds (securities) within 3 trading days after receiving the purchased funds or shares paid by Hongkong Clearing. Remind investors that if the shares in the account are pledged or frozen and the payment method is cash, the acquisition funds will not be unfrozen for the time being, and will be unfrozen according to the corresponding amount after the freezing or pledge is lifted; If the payment method is shares, the purchased shares will be frozen after being deposited in the corresponding securities account.