Shenzhen-Hong Kong Stock Connect Investment Products Everbright Securities International
These liquidity providers may consider the benefits and costs of participation, including the adverse change provision, before determining that their participation in the facility would be preferable to alternative investments and would benefit their shareholders and beneficiaries. As proposed, the facility would not limit the total aggregate commitments OCC may seek. As a practical matter, OCC expressed its intent to source approximately $1 billion in additional liquidity under the Non-Bank Liquidity Facility following removal of the aggregate commitment limit. Any change to the Non-Bank Liquidity Facility that could materially affect the nature or level of risk posed by OCC would necessitate an advance notice filing. HKSCC, also a wholly-owned subsidiary of HKEx, and ChinaClear will be responsible for the clearing and settlement of trades executed through SZ-HK Stock Connect and the provision of depository, nominee and other related services to Hong Kong and international investor...