1. For Mainland Investors Northbound Trading of Stock Connect: Amendment to the rules in relation to restricting Mainland investors from Northbound Trading under Stock Connect with effect from 25 July 2022, and the one-year transition period will be expired on 23 July 2023. During the transition period, Mainland investors with CHN as the country or region issuance of Broker-to-Client Assigned Number (CHN BCAN) could still buy and sell China Connect Securities through Northbound Trading under Stock Connect with the registered CHN BCANs. From 24 July 2023, Mainland investors shall not proactively buy any China Connect Securities through Northbound Trading under Stock Connect (including subscription for right issues) and existing China Connect Securities held by Mainland investors could be sold only. If the client has obtained any identity documents issued outside Mainland China, please provide us a copy for record to keep the existing CHN BCANs.
2. The Hong Kong Investor Identification Regime and the Over-the-counter Securities Transactions Reporting Regime will be launched on 20 March 2023: Client (for individual clients only) can simply provide the account number and mobile phone number (registered in the account) and confirm the consent by clicking this link. If client disagrees, withdraws or fails to confirm consent before 20 March 2023 South China Securities Limited (“SCSL”) can only provide limited services (please refer to the “Client Consent under the Investor Identification and Over-the-counter Securities Transactions Reporting Regime”).