Hong Kong, Mainland Stock Connect Expands to Include Block Trades

Securities regulators in Beijing and Hong Kong agreed to add block trading to the stock connect program linking investors in Hong Kong and on the mainland in a further expansion of mutual access between markets.

The China Securities Regulatory Commission (CSRC) and Hong Kong’s Securities and Futures Commission (SFC) “reached a consensus on the introduction of block trading under the Stock Connect,” the regulators said Friday in a joint statement. The stock exchanges on both sides will report operational details and the official launch date later, the regulators said.