Further details emerge on QDII2 stocks link

Further details have emerged on the trading and settlement arrangements under the Shanghai-Hong Kong stock connect, covering securities financing and the use of proceeds from stock sales, among other things. The trading, settlement and clearing mechanism of the scheme will broadly follow a reciprocal structure for China onshore and offshore participants, says Bryan Chan, co-head of equities and fixed income and currencies at Hong Kong Exchanges and Clearing (HKEx). However, diff…