Is the Beijing-Shanghai high-speed railway a Hong Kong Stock Connect?

be

Beijing-Shanghai High-speed Railway Co., Ltd., a listed company mainly engaged in high-speed railway passenger transport business in Chinese mainland, was listed on the Hong Kong Stock Exchange on 20 17. Beijing-Shanghai high-speed rail is considered as one of the passes for Hong Kong stocks because of its listing status in the Hong Kong stock market. Hong Kong Stock Connect refers to the two investment interconnection mechanisms of "Shanghai-Hong Kong Stock Connect" and "Shenzhen-Hong Kong Stock Connect" launched by the Hong Kong Stock Exchange. Among them, Shanghai-Hong Kong Stock Connect allows mainland investors to purchase qualified Hong Kong stocks by opening A-share securities accounts in China; The Shenzhen-Hong Kong General Rules allow mainland investors to purchase qualified Hong Kong stocks by opening A-share securities accounts in Shenzhen. Under these two mechanisms, eligible Hong Kong stocks can be freely traded by all investors, including mainland investors.

As a Chinese mainland enterprise listed on the Hong Kong Stock Exchange, the Beijing-Shanghai high-speed railway meets one of the investment standards of the Hong Kong Stock Connect, so it is classified as one of the Hong Kong Stock Connect. Under the framework of Hong Kong Stock Connect, investors can open securities accounts in China or Shenzhen, and buy and trade Hong Kong stock passes such as Beijing-Shanghai high-speed rail.