Hong Kong: A-Shares - Improved settlement deadlines

29.02.2016

Clearstream Banking1 advises customers that, effective

21 March 2016

the settlement instruction deadlines for A-Shares on the Shanghai-Hong Kong Stock Connect Programme will be improved.

The improved deadlines are part of Clearstream Banking’s ongoing commitment to enhance its settlement services.

Impact on customers

The free of payment settlement instruction deadlines for transactions for Morning and Afternoon settlement windows will be as follows:

Central European Time (CET)

 Instruction

Current deadline

(Winter time)

New deadline from 21 March 2016 to 26 March 2016
(Winter time)
New deadline from 27 March 2016 to 29 October 2016
(Summer time)

Morning settlement window

Chinese A-Shares moving from Clearstream Banking to brokers and custodians

Deliveries free of payment22:00 SD-122:55 SD-123:55 SD-1

Afternoon settlement window

Chinese A-Shares moving between brokers and custodians

Receipts/Deliveries free of payment06:55 SD10:55 SD11:55 SD

Hong Kong time

 Instruction

Current deadline

(Winter and Summer time)

New deadline from 21 March 2016
(Winter and Summer time)

Morning settlement window

Chinese A-Shares moving from Clearstream Banking to brokers and custodians

Deliveries free of payment05:00 SD05:55 SD

Afternoon settlement window

Chinese A-Shares moving between brokers and custodians

Receipts/Deliveries free of payment13:55 SD17:55 SD

Further information

The Creation Link Guide – Hong Kong and related documentation will be updated accordingly.

For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.

---------------------------------------

1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for CBF customers using CreationOnline), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.