Amendments to the Rules of the Exchange and the Operation Procedures for Stamp Duty Collection of The Stock Exchange of Hong Kong Limited (“SEHK”)

The circular refers back to our previous communication, the Circular of May 19th, 2023 (Ref No. LSD/033/2023). We would like to inform Stock Exchange Trading Rights holders and Exchange Participants that the changes to the Exchange’s Rules and Stamp Duty Operation Procedures related to the HKD-RMB dual counter initiative, as outlined in Appendices 1 and 2 of the Circular, will be implemented starting from Monday, June 19th, 2023. You can access the annotated version of these amendments from the relevant sections on the HKEX website and download them.

Marked-up version of updates – Rules of the Exchange: https://www.hkex.com.hk/-/media/HKEX-Market/Services/Rules-and-Forms-and-Fees/Rules/SEHK/Securities/Rule-Update_Rules-of-the-Exchange/033_23_SEHK_DCMM_e_markup.pdf 

Marked-up version of updates – Operation Procedures for Stamp Duty Collection: https://www.hkex.com.hk/-/media/HKEX-Market/Services/Rules-and-Forms-and-Fees/Rules/SEHK/Securities/Rule-Update_Operation-Procedures-for-Stamp-Duty-Collection/033_23_stamp-duty_DCMM_e_markup.pdf 

Resource:

https://www.hkex.com.hk/-/media/HKEX-Market/Services/Circulars-and-Notices/Participant-and-Members-Circulars/HKSCC/2023/043_23_CCASSGR_OP_DCMM_with_effective_date_e.pdf

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