Inclusion on south bound Stock Connect programmeSource: RNS
STANDARD CHARTERED PLC
Standard Chartered announces inclusion of 2888-HK shares
in the south bound Stock Connect programme
13th March 2023
Standard Chartered PLC ("the Group") is today announcing the inclusion of its 2888-HK shares in both the Shanghai and Shenzhen Stock Connect schemes.
This is following the inclusion of the 2888-HK shares in both the Hang Seng Composite Index and the Hang Seng Large-Mid Cap (Investible) Index, with the classification as a Large Cap constituent of the index.
The south bound Stock Connect programmes have opened up Hong Kong markets to Mainland Chinese investors, providing new diversification opportunities for that sizeable investor base.
Standard Chartered Asia Chief Executive Officer, Ben Hung said "We are delighted to be included in the Stock Connect scheme and contribute to Hong Kong's role as the super-connector between Mainland China and overseas investors. The inclusion will allow Mainland Chinese investors to participate in our growth as we continue to invest and execute our strategy as well as seize opportunities in China"
For further information, please contact:
Gregg Powell, Head of Investor Relations: +44 (0) 20 7885 5172
Adnan Akhtar, Head of Sell-Side, Investor Relations +44 (0) 20 7885 7255
Shaun Gamble, Director, Group Media Relations: +44 (0) 20 7885 5934