Starting from June 8th, the Shenzhen Stock Exchange will implement new risk disclosure requirements for certain stocks under the Hong Kong Stock Connect program.

On June 5th, the Shenzhen Stock Exchange issued a notice regarding the "Shenzhen Stock Exchange Hong Kong Stock Connect Trading Risk Disclosure Book Essential Clauses (2026 Revision)". The notice includes the addition of risk disclosures related to the short listing time, low free float, and large number of restricted shares being lifted for some Hong Kong Stock Connect stocks. The notice will be effective from June 8th, 2026. All member units are required to fully inform investors of the relevant risks, and carry out proper investor suitability management and investor education in accordance with regulations. The original text is as follows: Notice on the Release of the "Shenzhen Stock Exchange Hong Kong Stock Connect Trading Risk Disclosure Book Essential Clauses (2026 Revision)" All market participants: In accordance with the "Shenzhen Stock Exchange Shenzhen-Hong Kong Stock Connect Business Implementation Measures", the China Securities Depository and Clearing Corporation Limited's "Mainland and Hong Kong Stock Market Trading Mutual Market Connectivity Mechanism Registration, Custody, and Settlement Business Implementation Details", and other relevant regulations, the Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited have revised the "Essential Clauses of the Shenzhen Stock Exchange Hong Kong Stock Connect Trading Risk Disclosure Book" (hereinafter referred to as the "Essential Clauses"), adding risk disclosures related to some Hong Kong Stock Connect stocks with short listing times, low free float, and a large number of restricted shares being lifted. The revisions are now released and will be implemented from June 8th, 2026. The relevant matters are notified as follows: 1. All member units should update the "Shenzhen Stock Exchange Hong Kong Stock Connect Trading Risk Disclosure Book" (hereinafter referred to as the "Risk Disclosure Book") in a timely manner, and fully inform investors of the relevant risks in accordance with the "Shenzhen Stock Exchange Hong Kong Stock Connect Investor Suitability Management Guidelines", and carry out proper investor suitability management and investor education work. 2. For investors who have already opened Hong Kong Stock Connect trading permissions before the effective date of the "Essential Clauses", members should fully inform investors of the revised items of the "Risk Disclosure Book" through appropriate means such as SMS, phone calls, or system prompts, and keep records. 3. The "Shenzhen Stock Exchange Hong Kong Stock Connect Trading Risk Disclosure Book Essential Clauses (2024 Revision)" (2024276) issued by the Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited on September 9, 2024, is simultaneously abolished. This article is excerpted from the official website of "Shenzhen Stock Exchange", GMTEight Editing: Jiang Yuanhua.