然而，昨日市场上有消息称，昨日有部分证券公司接到香港证券交易所开立营业执照的通知。消息一传出，业内许多人就表示，上海香港证券交易所的正式上市可能只有一英尺。In fact, according to the previous arrangement of the Shanghai Stock Exchange, some participating securities companies have participated in the relevant tests in accordance with the requirements of the Shanghai Stock Exchange, and an online drill will be conducted on the 18th, while the last market wide customs clearance test will be arranged before the opening of the business.
The reporter of China first financial daily learned earlier in the interview that most of the securities dealers have made preparations for the Shanghai Hong Kong stock connect, waiting for the order of the regulatory authorities.
When the Shanghai Hong Kong stock connect will officially meet with investors is yet to be determined, media reported yesterday that the Shanghai Hong Kong stock connect may be exempted from capital gains tax.The report quoted people familiar with the matter as saying that some major regulatory authorities involved in the establishment of the Shanghai Hong Kong stock connect have told market participants that they expect the stock connect to be exempt from capital gains tax.
According to the current regulations, foreign institutional investors trading Chinese stocks are subject to a capital gains tax of 10%.The uncertainty of the tax system has always been one of the worries of QFII investors, and it will also be one of the main concerns of overseas investors entering the stock market under the Shanghai Hong Kong stock connect mechanism.At present, quite a number of QFII institutions and rqfii managers are withholding capital gains tax according to the default ratio of 10% in the industry.
In an interview with reporters, the relevant person of Shanghai Stock Exchange said that it is not clear whether the capital gains tax will be exempted, saying that the decision involves multiple regulatory authorities, and there is no exact information at present.However, according to the information learned by previous reporters in the process of interview, when faced with the different policies or trading rules of the regulatory authorities of the two places, most of the businesses of Shanghai Hong Kong stock connect choose to follow the territorial principle.
In an interview with reporters, some institutional personages who did not want to be named said that if the Shanghai Hong Kong stock connect is exempted from capital gains tax, it is undoubtedly a good news and will let more foreign institutional investors have a higher enthusiasm to participate in it.
It is worth noting that the Hong Kong stock market, which had been affected by the news of the launch or delay of the Shanghai Hong Kong stock connect, rose sharply at the end of yesterday’s trading and finally closed in red.