The Two Regulators Indicated That Hong Kong And Shanghai Were Ready To Restart The Test, Triggering Speculation.

"Everything is ready, only owes to the east wind".

It is only for Shanghai and Hong Kong that this easterly wind seems to have kept investors waiting for too long.

And with the Shanghai Stock Exchange (hereinafter referred to as the "Shanghai Stock Exchange") require big brokerages to start the resumption of testing on 11 1, the regulatory authorities have indicated that everything is ready.

The wind is really approaching.

In October 30th, Yao Gang, vice chairman of the securities and Futures Commission, stated that the work of Shanghai and Hong Kong through pilot projects has reached the final stage.

And the day before yesterday, the Hongkong Securities Regulatory Commission chief executive Ou Dali also said that the Hongkong Securities Regulatory Commission has already completed all the regulatory steps needed to launch the Shanghai and Hong Kong Tong.

He expects Shanghai and Hong Kong to start trading in the near future, but the timetable has not been disclosed too much.

The all-weather testing content is the whole process of "Hong Kong stock through" business.

Only the successful completion of the all-weather test of the securities companies can apply for participation in the whole network test.

And the whole network test is the key step of "Shanghai Hong Kong Tong" business startup.

The test will be divided into two stages.

The first test is the whole market function test. The main test contents are the paction registration, paction return, market quotation, pfer and other corresponding registration and settlement business.

Subsequently, the market performance and handover test of the "Hong Kong Stock Exchange" were carried out to test the pressure, capacity and stability of the Hong Kong stock through technology system.

The whole network test is the pass test, and the whole network test clearance means.

The technical level is basically ready.

SSE launched the test again, giving the market a lot of reverie.

In the course of the interview, reporters learned that many brokerages involved in Shanghai and Hong Kong have received the notice from the Shanghai Stock Exchange, and the test time is only half a day. There is no restriction on the test quota. Members who have already opened Hong Kong stock through trading rights can participate in the test.

The main contents of the test are Hong Kong stocks through paction declarations, paction returns, quotations and other businesses.

In the test, the bidding platform will send FAST quotes.

Obviously, the content of this restarted test has shrunk considerably compared with the previous all-weather test. The most important liquidation link has not been tested.

Informed sources told reporters

Arrangements for the Shanghai and Hong Kong through the official landing time will be announced two weeks ahead of schedule, and officially launched the first two weeks of the relevant business test will be suspended, that is, the securities business to participate in the relevant business test on Saturday confirmed the news, it means that the first half of November will not be formally launched Shanghai and Hong Kong through.

But these people also said that because the previous tests have been conducted in an orderly manner, so long as all the links are ready, the news that is officially launched is still "ready to announce".

But there are also some brokers in an interview with reporters that Shanghai and Hong Kong through the two regulatory authorities have attached great importance to the event, even though many tests have been conducted before, and whether it is a broker or two exchanges, Clearing Corp and so on are ready. In order to be safe, these test procedures are likely to be re done in the future.

"Therefore, this resumption of testing is only a continuation of the preparatory work for Shanghai and Hong Kong, and does not mean that it will soon be launched," the person stressed. "But the signal brought to the market and investors by the news of the resumption of testing is positive, and it is not held indefinitely as previously rumored."