Hong Kong Exchanges and Clearing Limited (HKEX) has issued a Business Update following the joint announcement from the China Securities Regulatory Commission and Hong Kong’s Securities and Futures Commission about the expansion of the existing daily quota under the Stock Connect. From 1 May 2018, the Northbound daily quota will be increased from RMB13 billion for each of the Shanghai Connect and the Shenzhen Connect to RMB52 billion and the Southbound daily quota will be increased from RMB10.5 billion for each of the Shanghai Connect and the Shenzhen Connect to RMB42 billion.
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