HKEX(HK:00388) Zheng Quan Ri Bao·2025-10-22 16:41Core Insights - The Hong Kong Stock Exchange (HKEX) has seen significant growth in its connectivity mechanisms, with record-high average daily trading volumes in both the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect as of September 2023 [1][2] - The expansion of Exchange-Traded Funds (ETFs) has been successfully implemented, with notable increases in average daily trading volumes for both southbound and northbound ETFs [1] - The Bond Connect has also maintained a growth trend, with average daily trading volumes showing substantial increases [1] Connectivity Mechanisms - The Shanghai-Hong Kong Stock Connect has evolved since its launch in 2014, with various enhancements including the removal of total quota limits and the inclusion of different share structures [2][3] - As of September 2023, foreign capital through the Shanghai-Hong Kong Stock Connect has reached a cumulative trading volume of 90.1 trillion yuan, with daily trading amounts increasing significantly since its inception [3] - The collaboration between Shanghai and Hong Kong exchanges is set to continue, focusing on optimizing the Stock Connect mechanisms and enhancing the international competitiveness of both markets [3] Future Outlook - HKEX aims to enhance its market infrastructure and cater to the diverse investment needs of global investors, particularly from mainland China [2] - The Shenzhen Stock Exchange emphasizes the importance of deepening cooperation with HKEX and Shanghai Stock Exchange to promote cross-border financial innovation and support high-quality economic development [3]