Entitlement Compensation Rules - China

17.10.2016

Equities (Shanghai)

Market compensation basis:Settlement Date
Automatic Compensation Managed by Local CSD:No
Restriction on custody events/transaction types:No restriction
Additional information:
In Shanghai, there is no regular time period between Payment Date and Record Date for cash dividends. Bonus issues are based on the settled position. The Payment Date for bonus issues is Record Date +2.
Service offered by CBL:Adjustment is performed based on information received from the depository.

Equities (Shenzhen)

Market compensation basis:Settlement Date
Automatic Compensation Managed by Local CSD:No
Restriction on custody events/transaction types:No restriction
Additional information:
In Shenzhen, Payment Date is the next business day after Record Date. Bonus issue entitlements are based on the settled position. The Payment Date of bonus issues is Record Date +1.
Service offered by CBL:Adjustment is performed based on information received from the depository.

CIBM bonds

Market claims are not applicable in the CIBM, as entitlement is based on actual settled position on record date.