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Caixin

China shuts 'fake' foreign investors out of stock connect programs

Securities watchdog bans mainland trading of onshore shares via Hong Kong

Starting July 24, mainland investors with Hong Kong accounts will be fully banned from buying A shares through the northbound trading links.

China's securities regulator is plugging the loophole to cut off "fake foreign capital" by banning mainland investors from trading onshore shares via stock connect programs with Hong Kong.

Starting July 24, mainland investors with Hong Kong accounts will be fully banned from buying A shares through the northbound trading links, after the expiration of a one-year grace period.

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