Asset Management /
Wealth Management
China to quadruple Stock Connect quota
Increase in Stock Connect quota to help prepare for MSCI A-shares index inclusion
Janette Chen
12 Apr 2018
THE People's Bank of China ( PBoC ) announced on April 11 that the daily quota of the Shanghai/Shenzhen Stock Connect will be increased by four times, effective on May 1 this year. This will further improve the stock market connectivity of China and Hong Kong, which is part of China’s plan of opening up the financial sector, according to Yi Gang, the governor of PBoC, speaking at the Boao Forum for Asia 2018.