News Release
17 December 2020

HSBC facilitates market-first securities lendingtransactions by an offshore investor in mainland China
HSBC has successfully facilitated market-first securities lending transactions
conducted by China Asset Management (Hong Kong) Limited (China AMC) inmainland China today. The two transactions completed on the Shanghai Stock
Exchange and Shenzhen Stock Exchange are among the first batch of securities
lending transactions via the Qualified Foreign Institutional Investors (QFII) scheme.
HSBC is the custodian, providing services including investment scope update filing,assets custody and transaction settlement, for these transactions.
Under the new QFII/RMB Qualified Foreign Institutional Investors (RQFII) rules
effective 1 November 2020, offshore investors have been given expanded
investment scope which includes securities lending. The new rules have also
combined into one the QFII and RQFII, lowering entry requirements as well as
simplifying procedures. i“The new QFII/RQFII rules mark a new milestone, as China seeks higher-level
opening-up of its domestic capital market to foreign investors. Offshore investors
can have easier market access and broader scope when investing via QFII/RQFII.
Securities lending would help global investors realise flexible strategy deployment asthey tap deeper into the China’s capital market. This latest expanded investment
scope and other relaxation measures will definitely help boost the attractiveness of
QFII/RQFII and draw more foreign capital into China,” said Brian Godins, Head ofSecurities Services, Asia Pacific at HSBC.
“We are delighted to facilitate yet another landmark transaction in China for ourclient. As a leading QFII/RQFII custodian bank, HSBC is committed to facilitating
more overseas investment into China, and playing a more active role in the processof deeper integration of Chinese capital markets into the global financial
system,“ Godins added.
HSBC remains at the forefront of China’s capital markets opening and has been aleading international bank in servicing overseas investors. It ranks top in terms of thenumber of overseas institutional investors it is serving and assets under custody ofoverseas institutional investors in China Interbank Bond Market (“CIBM”) among all
settlement agent banks. Fully leveraging the Group’s global network, HSBC is also
the leading custody services provider to QFII and RQFII investors from 15 of the 20
pilot markets.
Media enquiries to:Rawnna Low
Carol Guo
This news release is issued by

HSBC Bank (China) Company Limited+852 28222481+86 21 38881901

rawnna.c.low@hsbc.com.hk
carolqguo@hsbc.com.cn

Registered Office and Head Office:37th Floor, HSBC Building, Shanghai ifc, 8 Century Avenue, Pudong, Shanghai
Web: www.hsbc.com.cn
Incorporated in the People’s Republic of China with limited liabilityThe Hongkong and Shanghai Banking Corporation Limited
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC
Group. HSBC serves customers worldwide from offices in 64 countries and territories in its
geographical regions: Europe, Asia, North America, Latin America, and Middle East and North
Africa. With assets of $2,956bn at 30 September 2020, HSBC is one of the world’s largest banking
and financial services organisations.

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http://www.csrc.gov.cn/pub/csrc_en/newsfacts/release/202009/t20200925_383652.html