Shanghai-Hong Kong Stock Connect Clearing Practice Session (CPS)

Shanghai-Hong Kong Stock Connect
Clearing Practice Session (CPS)
CCASS Participants Information Package
(20 & 21 September 2014)
Issue Date:
15 September 2014
Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
Table of Contents
1.
INTRODUCTION ..................................................................................................................................... 1
2.
OBJECTIVE AND SCOPE ...................................................................................................................... 1
2.1
2.2
OBJECTIVE ............................................................................................................................................... 1
SCOPE ....................................................................................................................................................... 1
3
IMPORTANT NOTES TO CCASS PARTICIPANTS .......................................................................... 3
4
SCHEDULE AND ARRANGEMENT .................................................................................................... 4
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
5
OVERVIEW ............................................................................................................................................... 4
SCHEDULE AND TIMETABLE .................................................................................................................... 4
USER PROFILE SETTING & LOGON PASSWORD.................................................................................... 15
CLEARING PRACTICE SESSION ENVIRONMENT .................................................................................... 15
TRANSACTIONS TO BE EXECUTED ......................................................................................................... 15
REPORT DOWNLOAD ............................................................................................................................. 15
PRIOR CPS ARRANGEMENT .................................................................................................................. 16
IMPORTANT REMINDER FOR POST CPS ARRANGEMENT..................................................................... 16
CONTINGENCY ARRANGEMENTS ................................................................................................. 17
5.1
5.2
TYPHOON ARRANGEMENT .................................................................................................................... 17
RAINSTORM ARRANGEMENT................................................................................................................. 17
6
COMMUNICATION CHANNELS ....................................................................................................... 17
7
HELP DESK ............................................................................................................................................ 17
APPENDIX A: CHECKLIST FOR THE CPS ...................................................................................................... 18
APPENDIX B1: DATA SETUP FOR CPS (20 – 21 SEPTEMBER 2014) .............................................................. 19
APPENDIX B2: SUGGESTED EXECUTIONS FOR CPS (20 – 21 SEPTEMBER 2014) ......................................... 23
APPENDIX B3: SUGGESTED REPORTS / DATA FILES VERIFICATION FOR CPS (20 – 21 SEPTEMBER 2014)25
APPENDIX C : PROCEDURES TO CHANGE THE PRE-DEFINED “REPORT DIRECTORY” FOR DOWNLOAD OF
TESTING CCASS REPORTS AND DATE FILES VIA “REPORT PROFILE MAINTENANCE” FUNCTION ..... 27
APPENDIX D: SPECIAL AUTHORISATION FORM ........................................................................................... 30
Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
1.
Introduction
Subject to market readiness and the satisfaction of other conditions such as regulatory
approval, the implementation of Shanghai-Hong Kong Stock Connect by Hong Kong
Exchanges and Clearing Limited (HKEx), Shanghai Stock Exchange (SSE) and China
Securities Depository and Clearing Corporation Limited (ChinaClear) will allow
investors of their respective markets to trade designated equities securities listed in the
other markets. It is optional for Exchange Participants (EPs) and CCASS Participants
(including Clearing Participants and Custodian Participants) to participate in the
Shanghai-Hong Kong Stock Connect.
Following the completion of market rehearsal activities in August and September 2014,
HKEx will organize an optional Clearing Practice Session (CPS) on 20 & 21 September
2014 to provide additional testing opportunity for Participants to familiarize with the
new CCASS schedule under Shanghai-Hong Kong Stock Connect. The CPS will have
the same flow and CCASS processes as the MR 1, except the first day (T day) will
follow the trading and clearing schedule as if in production, and Participants are not
required to confirm the result of the CPS to HKEx.
This Information Package is designed to assist CCASS Participants in planning and
preparing for the CPS. CCASS Participants should read this Information Package
carefully and make necessary preparation before conducting the CPS. A copy of this
document should also be passed to their IT support or system vendor to ensure the
availability of proper technical support before and during the CPS.
2.
Objective and Scope
2.1
Objective
The CPS provides an additional testing opportunity for CCASS Participants who have
participated in previous market rehearsal activities of Shanghai-Hong Kong Stock
Connect to familiarize with the new CCASS schedule.
2.2
Scope
The CPS will involve two days:


Day 1 (20 September 2014) will simulate the clearing and settlement activities on T
Day, which follows clearing schedule in production after the launch of ShanghaiHong Kong Stock Connect
Day 2 (21 September 2014) will simulate the clearing and settlement activities on
T+1 & T+2 Day
Note:
1) GCPs who would participate in the CPS should ensure their Non-Clearing Participant
clients (NCPs) would also participate in the CPS.
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
CCASS online session will be provided during the CPS for CCASS Participants to:




perform clearing and settlement activities of trades and/or transactions arise
from Hong Kong stock market and Northbound Trading;
perform various CCASS online maintenance and enquiry functions (including
share transfer and corporate action related maintenance for Shanghai A shares);
download and verify various CCASS reports/data files; and
upload various CCASS batch transfer files with transactions in relation to Hong
Kong market and Shanghai A share market, where applicable.
Execution Date
Time
20 Sept 2014 (Sat) 07:15 – 20:30
Logical Date
20 Sept 2014
(Sat)*
07:30 – 13:15
21 Sept 2014
(Sun)*
22 Sept 2014
(Mon)
21 Sept 2014
(Sun)
22 Sept 2014
(Sun)
15:00 – 17:50
Major Event
Simulate Shanghai A-share market
stock settlement on T day, following
production timing
Simulate Shanghai A-share market
money settlement on T+1 day
Optional for Participants to simulate
Hong Kong market stock settlement
on T+2 day (CCASS online available
until the start of final batch
settlement run of Hong Kong market
at logical time 15:45)
*Assume 20 Sept 2014(Sat) and 21 Sept 2014 (Sun) are normal business days.
CCASS Participants who are also Exchange Participants are required to refer to the
Shanghai-Hong Kong Stock Connect Trading Practice Session Exchange Participant
Information Package for detailed arrangement of the Trading Practice Session.
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
3
Important Notes to CCASS Participants
CCASS Participants should note the following arrangements for the preparation and
execution of the CPS:
a) Participants should use their existing CCASS Terminals (C3T) and/or Participant
Gateway (PG) to access CCASS during the CPS. Participants are reminded to
remove ALL testing batch transfer files and CCASS reports/data files from their
C3T, PG and/or BOS upon completion of the CPS activities on Sunday 21
September 2014 to avoid mis-using these testing files/reports in their normal
business on the following Monday.
b) For those Participants who would upload batch transfer files in the CPS, they should
prepare the testing batch transfer files before the CPS.
c) CPS participating users must have experience in conducting CCASS related
activities for their daily business operations, and should use their production
smartcards and passwords for accessing C3T and/or PG during the CPS. If
smartcard password has been reset during the CPS, the user concerned should
use the latest password (i.e. after password reset in CPS) for production use on
the following Monday, i.e. 22 September 2014. Besides, Participants should ensure
that CPS participating users have appropriate user function access to perform the
required CCASS activities during the CPS.
Participants’ Delegated
Administrators (DA) are not encouraged to revise the users function access
during the CPS because it will take time to take effect.
d) The reports/data files available in the CPS are for testing purpose only. Participants
should not use these reports/data files for production use.
e) Participants should refer to the Checklist in Appendix A for the action items to be
performed before, during and after the CPS for preparation and execution of the
CPS. In order to achieve the testing objective, CPS participating users should
familiarize themselves with the requirements and procedures prior to the CPS.
f) In addition, Participants are encouraged to maintain proper audit trail in respect of
all activities conducted during the CPS. A Responsible Officer or his/her designate
of each participating Participant is advised to be present during the CPS to supervise
the testing process and to be responsible for relaying any issues arising during the
CPS to HKEx. To ensure smooth operation during the CPS, Participants should
ensure all their CPS participating users fully understand the requirements and
procedures; and make necessary arrangement for the CPS.
g) Participants should have their system administrator ID(s) and password(s) of their
internal servers ready throughout the CPS, in case technical trouble-shooting is
required.
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
4
Schedule and Arrangement
4.1
Overview
CPS will be held on 20 – 21 September 2014 (Saturday and Sunday). CCASS will
capture the Exchange Trades and Northbound Trades executed during the CPS on 20
September 2014 and morning session of 21 September 2014 (i.e. T and T+1 days).
Selective CCASS reports/data files dated 19 Sept 2014 which show pre-defined data
will be made available for download when CCASS online session starts on 20
September 2014 morning.
Corporate actions of A shares, including distribution of scrip / cash dividends, voting
and takeover offers will be set up during the CPS for Participants to simulate the
handling of corporate actions of A shares, particularly the new batch time for scrip
dividend distribution and narrower subscription time for takeover offer of A shares.
Clearing Participants are requested to coordinate with their trading partners to have
trades executed during the CPS for clearing and settlement.
4.2
Schedule and Timetable
CPS: Clearing & Settlement Activities on T, T+1 & T+2 Days
CCASS Participants who are also Exchange Participants are required to refer to the
Trading Practice Session Exchange Participant Information Package for detailed
schedule of Trading hours on T and T+1 Days.
T day
Execution Date: 20 September 2014 (Saturday)
Logical Date:
20 September 2014 (T Day)
20 Sept 2014 (simulate T Day at 20 Sept 2014)
Time
(approx.)
07:15 –
20:00
From
07:15
CCASS Processing
Remarks
Hong Kong Stock
Shanghai A-Share
Market (HKMK)
Market (MAMK)
Logon and Online Session (report retrieval, online maintenance activities and batch file
transfer)
 CCASS online session available
 Logon to CCASS by using the production
smartcard and password via the hyperlink:
https://www.ccass.com
 Refer to Appendix B1 for
data setup in the CPS
Refer to Appendix B2 and B3
for suggested functions to be
executed, and list of
reports/data files to be checked
in the CPS
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
20 Sept 2014 (simulate T Day at 20 Sept 2014)
Time
(approx.)
CCASS Processing
Hong Kong Stock
Market (HKMK)
Remarks
Shanghai A-Share
Market (MAMK)
 Perform report download / printing via Report
Download function
 Perform data file download, if applicable, via
Report Download function
Note: T-1 day (dated 19 September 2014) reports /
data files are available for download
 Before downloading the
testing reports/data files,
Participants should change
the pre-defined “Report
Directory” for download of
reports / data files via
“Report Profile
Maintenance” function,
please refer to Appendix C
for details
 PG users should avoid
mixing up the directory(ies)
for receiving the testing
reports/data files in the CPS
from their directory(ies)
designated for production
use
07:15
Morning SI Input starts
SI batch file upload available
07:30
07:45
08:00
Morning A-share scrip
payment (A-share stock
code: 600007)
1st morning SI matching
2nd morning SI matching
For Custodians or GCPs
which are not EPs to simulate
transferring A shares to
Clearing Participants /
Custodians only (i.e. Direct
Clearing Participants only to
receive shares)
Note: File Transmission Date
and Batch Transmission
Date in respective batch
transfer files should be
set as the Logical Date,
i.e. 20 September 2014
Refer to Appendix B1(4)
Morning BSR (for
settlement of SI with
custodian / GCP (who is
not an EP) as deliverer
and Clearing Participants
/ custodian as receiver
only)
CCASS broadcast message upon
completion of SI BSR
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
20 Sept 2014 (simulate T Day at 20 Sept 2014)
Time
(approx.)
CCASS Processing
Hong Kong Stock
Market (HKMK)
Remarks
Shanghai A-Share
Market (MAMK)
CCASS ATI/STI batch file transfer and
ATI/STI input available
Note: File Transmission Date
and Batch Transmission
Date in respective batch
transfer files should be
set as the Logical Date,
i.e. 20 September 2014
Morning SI input starts
08:15
CCASS takes snapshot of
sellable balance
08:45
Message via ECP upon
successful update of
current day’s sellable
balance at China Connect
System (CSC)
09:00
09:15
09:15
10:30
Morning Trading Session for Hong Kong Market Starts
Morning Trading Session for Shanghai A-share Market Starts
st
1 SI matching
1st ATI/STI batch validation run
2nd SI matching
2nd ATI/STI batch validation run
1st BSR
11:30
Morning Trading Session for Shanghai A-share Market Ends
10:00
11:30
3rd SI matching
3rd ATI batch validation run
3rd SI matching
Morning Trading Session for Hong Kong Market Ends
11:45
12:00
12:00
2nd BSR
12:45
13:00
13:00
13:30
14:00
14:30
4th ATI/3rd STI batch validation run
Afternoon Trading Session for Shanghai A-share Market Starts
Afternoon Trading Session for Hong Kong Market Starts
th
4 SI matching
3rd BSR
5th SI matching
15:00
15:00
15:15
Afternoon Trading Session for Shanghai A-share Market Ends
4th SI matching
6th SI matching
5th ATI batch validation run
4th STI batch validation run
15:30
15:45
7th SI matching
Final BSR
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
20 Sept 2014 (simulate T Day at 20 Sept 2014)
Time
(approx.)
CCASS Processing
Hong Kong Stock
Market (HKMK)
16:00
Shanghai A-Share
Market (MAMK)
Afternoon Trading Session for Hong Kong Market Ends
16:00
16:00
17:45
Remarks
–
Final Clearing Statement
(FCS) available
Clearing Participants prepare
funding for CNS position
money settlement
Manual cash prepayment
session starts
Participants who wish to make
cash prepayment for current
day A-share CNS obligation
should contact HKSCC at tel
no. 2979-7111 or email to
[email protected] with
below details:
Participant Name / ID
Contact Person & Tel. No.
Prepayment Amount (in CNY)
1st BSR (for CNS stock
positions)
16:30
Collection and generation
of broadcast message for
Mainland Clearing Risk
Fund requirement
Generation of broadcast
message for estimated
Mainland Settlement
Deposit requirement
5th SI matching
17:00
8th SI matching
6th ATI/5th STI batch validation run
18:00
Final BSR (for CNS stock
positions)
9th SI matching
Shortly
after
18:00
A-share scrip payment
(A-share stock code:
600000)
Refer to Appendix B1(4)
Input DI available (for
settlement of SI stock
positions only)
Shortly
after
18:00 –
19:00
Subscription instruction
maintenance function
starts (for takeover offers
of A-share stock codes:
600010 & 600011)
Refer to Appendix B1(4)
19:00
A-share scrip payment
(A-share stock code:
Refer to Appendix B1(4)
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
20 Sept 2014 (simulate T Day at 20 Sept 2014)
Time
(approx.)
CCASS Processing
Hong Kong Stock
Market (HKMK)
Remarks
Shanghai A-Share
Market (MAMK)
600004)
By 19:30
Calculation and
generation of broadcast
message and report for
Mainland Settlement
Deposit
19:30
6th SI matching
Final SI BSR (for
settlement of SI stock
positions only)
20:00
20:30
A-share scrip payment
(A-share stock code:
600005)
7th ATI/6th STI batch validation run
CCASS online session closes
Refer to Appendix B1(4)
Logout CCASS upon
completion of online activities.
Day-end CCASS reports will
be available to Participants on
the next CPS day (21
September 2014) during
CCASS online session.
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
T+1 day
Execution Date: 21 September 2014 (Sunday)
Logical Date:
21 September 2014 (T+1 Day)
21 Sept 2014 (simulate T+1 Day at 21 Sept 2014)
Time
(approx.)
07:30 –
13:15
From
07:30
CCASS Processing
Hong Kong Stock
Shanghai A-Share
Market (HKMK)
Market (MAMK)
Logon and Online Session (report retrieval, online maintenance activities and batch file
transfer)
 CCASS online session available
 Logon to CCASS by using the production
smartcard and password via the hyperlink:
https://www.ccass.com
 Refer to Appendix B1 for
data setup in the CPS
 Perform report download / printing via Report
Download function
 Before downloading the
testing reports/data files,
Participants should change
the pre-defined “Report
Directory” for download of
reports / data files via
“Report Profile
Maintenance” function,
please refer to Appendix C
for details
 Perform data file download, if applicable, via
Report Download function
Note: Previous reports / data files (dated 19 and 20
September 2014) are available for download
07:30
Morning SI Input starts
SI batch file upload available
07:45
Remarks / Logical Time
1st morning SI matching
 Refer to Appendix B2 and
B3 for suggested functions
to be executed, and list of
reports/data files to be
checked in the CPS
 PG users should avoid
mixing up the directory(ies)
for receiving the testing
reports/data files in the CPS
from their directory(ies)
designated for production
use
07:15
For Custodians or GCPs
which are not EPs to simulate
transferring A shares to
Clearing Participants /
Custodians only (i.e. Direct
Clearing Participants only to
receive shares)
Note: File Transmission Date
and Batch Transmission
Date in respective batch
transfer files should be
set as the Logical Date,
i.e. 21 September 2014
07:30
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
21 Sept 2014 (simulate T+1 Day at 21 Sept 2014)
Time
(approx.)
08:00
08:05
08:05
08:15
08:20
08:30
08:40
08:45
09:10
09:20
09:35
09:35
CCASS Processing
Shanghai A-Share
Market (MAMK)
nd
2 morning SI matching
Morning BSR (for
settlement of SI with
custodian / GCP (who is
not an EP) as deliverer
and Clearing
Participants / custodian
as receiver only)
CCASS broadcast message upon
completion of SI BSR
CCASS ATI/STI batch file transfer and
ATI/STI input available
Morning SI input starts
Hong Kong Stock
Market (HKMK)
10:10
07:45
07:45
08:00
Note: File Transmission Date
and Batch Transmission
Date in respective batch
transfer files should be
set as the Logical Date,
i.e. 21 September 2014
08:00
Generation of CPIs by
HKSCC for money
settlement between CPs
and HKSCC
CCASS takes snapshot
08:15
of sellable balance
Message via ECP upon
08:45
successful update of
current day’s sellable
balance at China
Connect System (CSC)
Morning Trading Session for Hong Kong Market Starts
Morning Trading Session for Shanghai A-share Market Starts
st
1 SI matching
09:15
st
1 ATI/STI batch validation run
09:15
nd
2 SI matching
10:00
nd
2 ATI/STI batch validation run
10:00
st
1 BSR
10:30
Morning Trading Session for Shanghai A-share Market Ends
(No Afternoon Trading Session will be simulated)
rd
3 SI matching
11:30
09:38
09:45
09:50
09:50
Remarks / Logical Time
2nd BSR
3rd ATI batch validation run
11:30
Morning Trading Session for Hong Kong Market Ends
(No Afternoon Trading Session will be simulated)
3rd SI matching
11:45
12:00
A-share CCASS
By 12:00
Payment Deadline
CPs with net payable amounts
make payment to HKSCC
A-share CCASS
Shortly after 12:30
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
21 Sept 2014 (simulate T+1 Day at 21 Sept 2014)
Time
(approx.)
10:20
10:35
10:40
10:45
10:50
10:55
11:00
11:05
11:15
CCASS Processing
Hong Kong Stock
Market (HKMK)
Shanghai A-Share
Market (MAMK)
Payment (Credit)
4th ATI/3rd STI batch validation run
4th SI matching
3rd BSR
5th SI matching
4th SI matching
6th SI matching
5th ATI batch validation run
4th STI batch validation run
7th SI matching
Final BSR
Final Clearing
Statement (FCS)
available
11:30 –
12:00
Manual cash
prepayment session
starts
11:35
1st BSR (for CNS stock
positions)
Collection and
generation of broadcast
message for Mainland
Clearing Risk Fund
requirement
Generation of broadcast
message for estimated
Mainland Settlement
Deposit requirement
5th SI matching
11:45
8th SI matching
12:15
6th ATI/5th STI batch validation run
Final BSR (for CNS
stock positions)
Remarks / Logical Time
CPs with net receivable
amounts receive money from
HKSCC
12:45
13:30
14:00
14:30
15:00
15:15
15:15
15:30
15:45
15:45
16:00
Clearing Participants prepare
funding for money settlement
of CNS positions
16:00 – 17:45
Participants who wish to make
cash prepayment for current
day A-share CNS obligation
should contact HKSCC at tel
no. 2979-7111 or email to
[email protected] with
below details:
Participant Name / ID
Contact Person & Tel. No.
Prepayment Amount (in CNY)
16:30
16:30
16:30
17:00
17:00
17:00
18:00
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
21 Sept 2014 (simulate T+1 Day at 21 Sept 2014)
Time
(approx.)
CCASS Processing
Hong Kong Stock
Market (HKMK)
Shanghai A-Share
Market (MAMK)
9th SI matching
12:15 –
12:45
12:30
13:00
13:10
13:15
13:15 –
15:00
Remarks / Logical Time
Input DI available (for
settlement of SI stock
positions only)
Subscription instruction
maintenance
function
starts (for takeover
offers of A-share stock
codes:
600010
&
600011)
Calculation and
generation of broadcast
message and report for
Mainland Settlement
Deposit
6th SI matching
Final SI BSR (for
settlement of SI stock
positions only)
th
th
7 ATI/6 STI batch validation run
Cut-off for online maintenance activities and
CCASS online session closes
18:00
Shortly after 18:00
Shortly after 18:00 – 19:00
Refer to Appendix B1(4)
By 19:30
19:30
19:30
20:00
Logout CCASS upon
completion of online activities
Lunch Break
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
T+2 day
(Simulate Hong Kong Stock Market (HKMK) stock settlement on T+2 day and some
CCASS Processing of Shanghai A-Share Market (MAMK) will also be included. Only
CCASS online session is available)
Execution Date: 21 September 2014 (Sunday)
Logical Date:
22 September 2014 (Simulate T+2 Day up to the start of Final
BSR of Hong Kong market at around 15:45 (logical time))
21 Sept 2014 (simulate T+2 Day at 22 September 2014)
Time
(approx.)
CCASS Processing
Hong Kong Stock
Market (HKMK)
Remarks / Logical Time
Shanghai A-Share
Market (MAMK)
15:00 –
17:20
Logon and Online Session (report retrieval, online maintenance activities and batch file
transfer)
From
15:00
 CCASS online session available
 Logon to CCASS by using the production
smartcard and password via the hyperlink:
https://www.ccass.com
 Perform report download / printing via Report
Download function
 Perform data file download, if applicable, via
Report Download function
Note: Previous reports / data files (dated 19, 20 and
21 September 2014) are available for
download
 Before downloading the
testing reports/data files,
Participants should change
the pre-defined “Report
Directory” for download of
reports / data files via
“Report Profile
Maintenance” function,
please refer to Appendix C
for details
 PG users should avoid
mixing up the directory(ies)
for receiving the testing
reports/data files in the CPS
from their directory(ies)
designated for production
use
15:15
 Perform CCASS batch file transfers (SI / ATI /
STI), if applicable
Note: File Transmission Date and Batch
Transmission Date in respective batch transfer
files should be set as the Logical Date, i.e. 22
September 2014
Perform CCASS online transactions
 Refer to Appendix B1 for
data setup in the CPS
1st SI matching
09:15
1st ATI/STI batch validation run
15:50
nd
2 SI matching
nd
2 ATI/STI batch validation run
 Refer to Appendix B2 and
B3 for suggested functions
to be executed, and list of
reports/data files to be
checked in the CPS
09:15
10:00
10:00
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
21 Sept 2014 (simulate T+2 Day at 22 September 2014)
Time
(approx.)
16:00
CCASS Processing
Hong Kong Stock
Market (HKMK)
16:15
16:15
Shanghai A-Share
Market (MAMK)
1st BSR
3rd SI matching
10:30
11:30
3rd ATI batch validation run
3rd SI matching
16:05
Remarks / Logical Time
11:30
11:45
12:00
2nd BSR
A-share CCASS
Payment Deadline
16:35
A-share CCASS
Payment (Credit)
16:40
4th ATI/3rd STI batch validation run
By 12:00
CPs with net payable amounts
make payment to HKSCC
Shortly after 12:30
CPs with net receivable amounts
receive money from HKSCC
12:45
16:55
4th SI matching
13:30
17:00
3rd BSR
14:00
17:05
5th SI matching
14:30
4th SI matching
17:10
17:15
17:20
17:20
17:20 –
17:50
17:50
6th SI matching
15:00
15:15
5th ATI batch validation run
15:15
4th STI batch validation run
15:30
Cut-off for online maintenance activities
Report Retrieval and Verification Session
 CCASS report retrieval session closes
Logout CCASS upon
completion of report retrieval
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
4.3
User Profile Setting & Logon Password
Participants’ user profiles that will be applied to the commencement of the CPS will be
based on the latest user profiles maintained as of latest production image before the
CPS, i.e. 19 September 2014 (Friday) day-end image.
During the CPS, Participants’ DA are responsible for resetting their participating users’
passwords if they are revoked. If smartcard password has been reset during the CPS,
the user concerned should use the new password for production use on the following
Monday, i.e. 22 September 2014.
In case the DA’s smartcard password has been revoked during the CPS, Participants
should contact HKEx for password reset. If the CCASS Authorised Signor of
Participants will not be available during the CPS, Participants can pre-arrange the
Authorised Signor to grant authority to a CPS Coordinator, by signing the Special
Authorisation Form (Appendix D), prior to the CPS session. In such case, Participants
can arrange for the CPS Coordinator to sign the Password Reset Form (Appendix D)
during the CPS.
Participants are required to submit the duly signed Password Reset Form, the Special
Authorisation Form (if applicable), along with the smartcard to HKEx for the password
reset.
4.4
Clearing Practice Session Environment
The CPS environment will be set up with testing data, such as pre-defined positions,
stock balances, SI transactions and corporate actions of A shares. Participants should
refer to Appendix B1 for the details of data setup for the CPS.
4.5
Transactions to be Executed
On-line sessions will be provided during the CPS for Participants to simulate the
operations of their BOS and internal processes to examine their readiness in supporting
clearing and settlement of A-share market trades or positions. Participants should make
reference to their daily operations to plan what type of transactions and/or activities
should be covered in the CPS. Participants might refer to Appendices B2 for the
suggested test script.
4.6
Report Download
Reports and/or data files available at the beginning of the CPS online session:
Below CCASS reports / data files dated 19 September 2014 (Friday) will be available
to download by Participants when CCASS online session starts on 20 September 2014
(Saturday) morning:

Provisional Clearing Statement (CCLTN04) of Hong Kong market (HKMK)
showing the pre-defined trade details with trade date as 19 September 2014 (Friday);
__________________________________________________________________________________________
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package

Final Clearing Statement (CCLTN05) of Hong Kong market (HKMK) showing the
pre-defined trade details with trade date as 18 September 2014 (Thursday); and

Daily Stock Balance Report (CSESB01) of both Hong Kong market (HKMK) and
Shanghai A-share market (MAMK) showing the opening stock balance detail as of
the start of CPS on 20 September 2014 (Saturday)
Reports and/or data files available during the CPS online session

Batch input control reports; and

Intra-day settlement related reports.
Reports and/or data files available during the CPS report retrieval session:
Full set of CCASS reports/data files (except the month-end report for Mainland
Security Deposit, quarter-end report for interest on Mainland Settlement Deposit and
Mainland Security Deposit) reflecting the activities performed by Participants during
the online session of the CPS.
4.7
Prior CPS Arrangement
Participants should ensure their BOS are ready for supporting Shanghai A-share market
related transactions.
Participants should create a new directory for changing of “pre-defined” “Report
Directory” for downloading of CCASS reports / data files during the CPS.
If Participants would use their production BOS to perform the CPS, they should ensure
that their production BOS data are properly backed up before the CPS. Data restore
procedures should also be prepared before the CPS so that production data can be
restored to their production BOS upon completion of the CPS. Participants should
arrange where appropriate data backup arrangement with their IT support or BOS
vendor before the CPS, if such procedures are required.
4.8
Important Reminder for Post CPS Arrangement
PG users are reminded to clean-up their testing data, (including but not limited to ALL
testing batch transfer files and downloaded reports/data files) and ensure their
corresponding systems used in the CPS are restored, if appropriate, and ready for
normal business activities on the following Monday.
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
5
Contingency Arrangements
5.1
Typhoon Arrangement
On Day 1 of CPS (20 September 2014)
In case Typhoon Signal Number 8 or above is hoisted and remained in effect after 5:15
a.m. and before 9:15 a.m. on the CPS day, the CPS, including Day 2 of CPS, will be
cancelled.
In case Typhoon Signal Number 8 or above is hoisted at or after 9:15 a.m. on the day,
all activities will be terminated 15 minutes thereafter. Day 2 (21 September) of the
CPS will also be cancelled.
On Day 2 of CPS (21 September 2014)
In case Typhoon Signal Number 8 or above is hoisted and remained in effect after 5:30
a.m. and before 8:30 a.m. on the CPS day, the CPS will be cancelled and will not be
resumed.
In case Typhoon Signal Number 8 or above is hoisted at or after 8:30 a.m. on the day,
all activities will be terminated 15 minutes thereafter.
5.2
Rainstorm Arrangement
On Day 1 of CPS (20 September 2014)
In case Black Rainstorm Warning is remained in effect after 5:15 a.m. and before 9:15
a.m. on the CPS day, both Day 1 and Day 2 of CPS, will be cancelled.
On Day 2 of CPS (21 September 2014)
In case Black Rainstorm Warning is remained in effect after 5:30 a.m. and before 8:30
a.m. on the CPS day, the CPS will be cancelled and will not be resumed.
In case Black Rainstorm Warning is issued during testing hours
If the black rainstorm warning is issued after the commencement of Trading Practice
Session, i.e. after 9:15 a.m. on Day 1 and 8:30 a.m. on Day 2, the CPS will continue
until completion.
6
Communication Channels
During the CPS, HKEx will communicate with Participants via Broadcast Message
function of CCASS.
7
Help Desk
For any queries about the preparation for the CPS and during the CPS, Participants can
contact the CCASS Hotline at 2979-7111.
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
APPENDIX A: Checklist for the CPS
ITEMS TO BE CHECKED
(A)
Before CPS
1
Have you read and understood this document (“Shanghai-Hong Kong Stock Connect Clearing
Practice Session CCASS Participant Information Package”) and the Shanghai-Hong Kong
Stock Connect Information Book for Market Participants?
2
Have you passed this document and the Shanghai-Hong Kong Stock Connect Information Book
for Market Participants to your IT support or BOS vendor and ensured that they would take
follow-up action (if necessary)?
3
For Clearing Participants, have you coordinated with your trading partners to have trades
executed on 20 September & 21 September 2014 for clearing and settlement in the CPS?
4
Have you arranged the execution of the Special Authorisation Form (Appendix D) for resetting
smartcard user password by CCASS Authorised Signor (for appointing CPS Co-ordinator as
temporary Authorised Signor) in case they will not be available on CPS day?
5
Have you ensured that the participating users have appropriate user function access to perform
the required CCASS activities and/or BOS activities during the CPS?
6
Have you established appropriate procedures to restore your BOS upon completion of the CPS
and verification control to ensure system readiness for normal business operations on the
following Monday?
7
Have you prepared the testing batch transfer file(s) in case you would like to try batch file
transfers function in the CPS?
8
Have you created a new directory for downloading the testing CCASS reports/data files during
the CPS?
9
Have you ensured that the participating users have access to the pre-defined directory(ies), (re
point 8 above) to retrieve the downloaded reports/data files during the CPS?
10
Have you arranged IT support with appropriate system administration ID and password during
the CPS in case there is any technical problem?
(B)
On Saturday, 20 September 2014, before executing test cases
1
Have you backed up the production reports / data files dated 19 & 20 September 2014 from the
pre-defined report directory(ies) before executing the CPS?
2
Have you changed the pre-defined “Report Directory” for testing report/data file download via
“Report Profile Maintenance” function? Please refer to Appendix C for details.
(C)

After the CPS
1
Have you cleaned up or removed the testing batch transfer files or download reports /data files
from the production C3T, PG and/or BOS after the CPS?
2
Have you restored your BOS and/or PG with the production image and to ensure they are ready
for production use on the following Monday, i.e. 22 September 2014?
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
APPENDIX B1: Data Setup for CPS (20 – 21 September 2014)
(1) Pre-defined testing Stocks and Stock Balances
Hong Kong Stock
All Hong-Kong market stocks admitted in the CCASS as of 19 July 2014 and some testing
stocks (please refer to the Shanghai-Hong Kong Stock Connect Trading Practice Session
Exchange Participant Information Package) will be eligible to be cleared and settled by CCASS
during the CPS.
To facilitate Participants to perform on-line transactions and batch file transfers, stock balances
will be created for below stocks in the Clearing Account #01 of Participants, as follows:
Stock
Code
1
2
3
4
5
11
12
13
27
66
135
388
700
992
1044
1088
1398
1441
3360
3368
3377
3383
3389
3618
Stock Balance
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
Shanghai A shares
List of eligible Shanghai A shares to be cleared and settled by CCASS during the CPS is the
same as the list used in market rehearsal which is available on the HKEx website
(http://www.hkex.com.hk/chinaconnect).
To facilitates CCASS Participants (who are also Exchange Participants) to perform sell
transaction of A shares on Day 1 of CPS, and to perform on-line transactions and batch file
transfers, stock balances will be created for below stocks in the Clearing Account#01 of
Participants, as follows:
Stock
Code
600000
600004
600005
Stock Code
Mapping in
CCASS
90000
90004
90005
Stock
Balance
500,000
500,000
500,000
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
600007
600008
600009
600010
600011
600012
600015
90007
90008
90009
90010
90011
90012
90015
500,000
500,000
500,000
500,000
500,000
500,000
500,000
For GCPs who serve more than one EP, above A-share stock balances will be created in the
stock segregated account (SSA) of each underlying EP with smallest number, according to the
stock account mapping information indicated by GCPs in the CPS enrolment form.
CCASS will use 5-digit stock codes in its reports and on-line function to represent A shares,
following the mapping rule of “60XXXX”  “9XXXX”
(2) Pre-defined CNS positions of Hong Kong Stock for settlement purpose
Following pre-defined Hong Kong market CNS stock positions will be generated for each
CCASS Participants (except Custodian Participants), with dummy trade counterparty B05001
No.
Trade
Date
Settlement
Date
Stock
Buy /
Sell
Quantity
1
2
3
4
5
6
18 Sept 14
18 Sept 14
18 Sept 14
19 Sept 14
19 Sept 14
19 Sept 14
20 Sept 14
20 Sept 14
20 Sept 14
21 Sept 14
21 Sept 14
21 Sept 14
5
11
388
5
11
388
Buy
Buy
Sell
Sell
Buy
Sell
800
500
(300)
(500)
300
(1,000)
Trade
Price
(HKD)
80
120
140
80
120
140
Settlement
Amount
(HKD)
(64,000)
(60,000)
42,000
40,000
(36,000)
140,000
Note:
For each non-EP General Clearing Participant (GCP), a dummy Non-Clearing Participant (NCP)
with NCP / GCP Mapping will be created. Hence, the above CNS positions will be transferred
from the dummy NCP to the participating GCP.
(3)
Setup for the Online Transactions and Batch File Transfers
(i)
Dummy Participants
Four dummy Non-Investor Participants (B05001, B05002, C05001 and C05002*) will be set up
to facilitate Participants to perform SI transactions.
*C05001 & C05002 are dummy Custodian Participants to facilitate testing of morning SI by Custodian
Participants or GCPs who are not EP.
(ii) SI Transactions for matching purposes
The following SI transactions will be created for each dummy Non-Investor Participant at the
commencement of the CPS for Participants to input corresponding SI transactions for matching
and settlement. Instr. Type show below refer to SI instructions of the dummy Participant,
CCASS Participants are required to input opposite Instr. Type in order to match below SI
transactions.
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
Hong Kong Stock SI
Settle.
Date
Dummy
Participant
Stk
Instr.
Trading Settlement Settlement Stk Pymt DI
Type Quantity Currency Currency
Amount A/C Instr. Req.
1
20/09/14
B05001
5
R
1,000
HKD
HKD
(160,000)
1
D
N
2
20/09/14
B05001
5
D
(2,000)
HKD
HKD
160,000
1
D
N
3
21/09/14
B05002
388
R
3,000
HKD
HKD
0.00
1
F
N
4
21/09/14
B05002
388
D
(4,000)
HKD
HKD
0.00
1
F
N
Shanghai A-share SI
CCASS Stock Instr.
Mapping
Type
90000
R
1
Settle.
Date
20/09/14
Dummy
Participant
B05001
Stk
600000
2
20/09/14
B05001
600000
90000
3
20/09/14
B05002
600004
90004
4
20/09/14
B05002
600004
90004
5
20/09/14
C05001
600010
90010
6
20/09/14
C05001
600010
90010
7
20/09/14
C05002
600011
90011
8
20/09/14
C05002
600011
90011
9
21/09/14
B05001
600008
90008
10
21/09/14
B05001
600008
11
21/09/14
B05002
600009
12
21/09/14
B05002
13
21/09/14
C05001
14
15
21/09/14
21/09/14
16
21/09/14
D
Stk
Quantity
A/C
1,000 1
Pymt
Instr.*
F
DI
Req.
N
(2,000)
1
F
N
R
3,000
1
F
N
D
(4,000)
1
F
N
R
1,000
1
F
N
D
(2,000)
1
F
N
R
3,000
1
F
N
D
(4,000)
1
F
N
R
5,000
1
F
N
90008
D
(6,000)
1
F
N
90009
R
7,000
1
F
N
600009
90009
D
(8,000)
1
F
N
600010
90010
R
1,000
1
F
N
C05001
C05002
600010
600011
90010
90011
D
R
(2,000)
3,000
1
1
F
F
N
N
C05002
600011
90011
D
(4,000)
1
F
N
*Payment instruction of A-share SI must be FOP
Participants can also arrange with other counterparts to match SIs during the CPS.
(4)
Setup for A-share Corporate Actions
(i)
To enable CCASS Participants to simulate corporate actions handling of A shares in CCASS,
below corporate actions are set up for selective A shares:
A-share Cash Dividend*
Stock
(CCASS)
Code
1
2
3
600000
(90000)
600004
(90004)
600007
(90007)
Shareholding
/ Record Date
Payable
Date
Announced
Dividend Rate*
Remarks^
19 Sept 14
20 Sept 14
RMB 0.1/SH
Distribute at Day End
19 Sept 14
20 Sept 14
RMB 1.0/SH
Distribute before Evening
19 Sept 14
20 Sept 14
RMB 0.12345/
SH
Distribute during the day
(via intra-day payment)
^Participants who wish to receive nominees related cash payments during the day or via evening money
settlement should perform the relevant Intra-day payment standing instruction maintenance and Nominee
payment (evening) Standing instruction maintenance at the beginning of T-Day.
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
A-share Scrip Entitlement/Bonus Issue*
Stock
(CCASS)
Code
600000
(90000)
Shareholding
/ Record Date
Payable
Date
New Shares
Listing Day
19 Sept 14
20 Sept 14
21 Sept 14
2
600004
(90004)
19 Sept 14
20 Sept 14
21 Sept 14
3
600005
(90005)
19 Sept 14
20 Sept 14
21 Sept 14
4
600007
(90007)
19 Sept 14
20 Sept 14
20 Sept 14
1
Scrip
Entitlement
Ratio
0.02 Bonus
Share per
each share
0.03 Bonus
Share per
each share
0.123456
Bonus Share
per each
share
0. 5 Bonus
Share per
each share
Remarks
Will be distributed during
2nd scrip payment run
(logical time: 18:00)
Will be distributed during
3rd scrip payment run
(logical time: 19:00)
Will be distributed during
4th scrip payment run
(logical time: 20:00)
Will be distributed during
1st scrip payment run
(logical time: 07:30) and
include in the net sellable
balance of 20 Sept 14
*Examples and data shown in Entitlement Reports are for reference only; Cash Dividend and Bonus Issue
may involve tax; Exact Arrangement subject to the decision of the State of Administration of Tax of PRC.
(ii) Voting
Stock
(CCASS)
Code
Shareholding
/ Record
Date
Voting
Period
Start
Voting
Period
End
Meeting
Date
600008
(90008)
600008
(90008)
600009
(90009)
600009
(90009)
20 Sept 14
20 Sept 14
21 Sept 14
22 Sept 14
20 Sept 14
20 Sept 14
21 Sept 14
23 Sept 14
20 Sept 14
19 Sept 14
20 Sept 14
22 Sept 14
20 Sept 14
19 Sept 14
20 Sept 14
23 Sept 14
1
2
3
4
Function End Time
(logical time on
Voting Period End:
16:15)
Around 19:00
(20 Sept 14)
Around 11:15
(21 Sept 14)
Around 16:15
(20 Sept 14)
(iii) Takeover Offers#
Stock
(CCASS)
Code
Subscription
Start
Subscription Payable Date
End
1
600010
(90010)
20 Sept 14
21 Sept 14
23 Sept 14
2
600011
(90011)
20 Sept 14
21 Sept 14
23 Sept 14
Takeover
Offer Price
Remark and Function
End Time (logical time
during Subscription
Period: ~18:00 to 19:00)
RMB
By Single Batch TC
0.12345 per
Announcement Type;
Offer Share
~18:00 – 19:00 (20 Sept 14)
RMB 0.1 per
~12:15 – 12:45 (21 Sept 14)
Offer Share
#
Examples and data shown in Entitlement Reports are for reference only; Stamp Duty and other trade
levies maybe deducted from the Cash Consideration paid to accepting shareholders.
(5)
Risk Management Deposit for each Clearing Participant in Shanghai A-share market

Each Clearing Participant will have the minimum Mainland Security Deposit of CNY 200,000
deposited into its CCMS account.
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Page 22 of 31
Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
APPENDIX B2: Suggested Executions for CPS (20 – 21 September 2014)
Details
Scope
Execution Date 20 & 21 September 2014 (Saturday & Sunday)
Logical Date
20 September 2014 (T Day), 21 September 2014 (T+1 Day) & 22 September 2014
(T+2 Day)
(I) Report
Download
Functions:
Participants will be able to download and verify the reports / data files during
CCASS online session. Please refer to Appendix B3 for more details on the reports
/ data files.
(II) Batch File
Transfer
Functions:
Participants are encouraged to perform the batch file transfers which are considered
as critical business transactions with A shares during the CPS online session.
Herein below are the relevant batch file transfers for Participants’ reference:



SI Batch File Transfer
ATI Batch File Transfer
STI Batch File Transfer
Participants should refer to section 4.2 for schedule of different batch processes.
(III) Online
Functions:
Participants may perform various online functions which are considered as critical
business transactions in relation to A shares during the CPS online session. Herein
below are some suggested transactions for Participants’ reference:









Input ATI/STI
Maintain SI
 Morning SI, applicable to Custodians / GCPs (who is not an EP) to
transfer A shares
Input DI to settle SI stock positions of A shares
Enquire Stock Account Balance
Enquire Stock Account Movement
Enquire Due/Overdue Positions
Enquire Settlement Activity
Enquire Collateral Account Balance
Voting Instruction Maintenance (for A shares)
Subscription Instruction Maintenance (for takeover offers of A shares)
Participants may make use of Enquire Money Position for A-share market to plan
their funding arrangement on T-day & T+1 day:

Enquire Money Position / Instructions Functions for CNS money obligation
(i) upon generation of Final Clearing Statement (around 4:00 p.m.)
(ii) upon completion of Final BSR for CNS stock positions (around 6:00
p.m.)
Participants may make use of Enquire Payment Instruction to check the details and
status of CCASS payment via CPI on T+1 day.
Participants should note the following arrangement for SI/ATI/STI:
 Participants can make use of the pre-set stock balances in various stock
accounts (re Appendix B1(1)) for maintenance of SI / ATI / STI.
 Participants can make use of the pre-set SI transactions of the dummy NonInvestor Participants (re Appendix B1(3)).
 Participants should note that ad hoc validation will be performed for the SI
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
Details
Scope
batch file being uploaded during the CPS as of production.
(IV) Cash
Prepayment
Clearing Participants who want to perform A shares transfer for T-day position via
SI and GCPs who serve more than one Exchange Participant may need to make
cash prepayment from 16:00 to 17:45 (logical time) on T-day.
When cash prepayments are confirmed by HKSCC, the Money Ledger of the
relevant CPs and GCPs will be updated to release the on-hold A shares.
Clearing Participants should reconcile below A-share related fees in statement of
(V) Fee
Reconciliation money ledger (CSEMS08) generated after day-end MSI generation.
 Handling Fee (經手費)

Securities Management Fee (證管費)

Transfer Fee (過户費)

Stamp Duty (交易印花稅)
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
APPENDIX B3: Suggested Reports / Data Files Verification for CPS (20 – 21 September 2014)
Available at the beginning of the CPS from 7:15 a.m. onwards
Report Date: 19 September 2014 (T-1 Day)
HK
Market
(HKMK)
Report
A Share
Market
(MAMK)
Data file
Remarks
 Pre-set exchange trades for
CCLTN04
CCLTN05
CSESB01
Provisional Clearing
Statement
Final Clearing Statement
Daily Stock Balance Report
Y
Y
Y
Y
Y
Y
stocks 5, 11, 388 with
trade date as 19 September
2014
(re Appendix B1 (1))
 Pre-set exchange trades for
stocks 5, 11, 388 with
trade date as 18 September
2014
(re Appendix B1 (1))
 Stock balance as of start of
CPS on 20 September
2014 (T Day)
Y
Available during the online and report retrieval sessions
Report Date: 20, 21 and 22 September 2014
(reflecting CCASS activities performed during the CPS)
Report
CCLEI01
CSEBA01
CSEAT01
CCLTN04
CCLTN05
Settlement
Related
Reports
CCLUS01
CSESI02
CSESP04
CSEMA08
CSESP01
CSEOP01
CSESE01
CSEMS08
CCLSI02
Stock
Movement
CSESM01
HK
Market
A Share
Market
(HKMK)
(MAMK)
Batch Input Control Reports
SI Batch Input Control
Report
ATI Batch Input Control
Report
STI Batch Input Control
Report
Intra-day Reports
Provisional Clearing
Statement
Final Clearing Statement
Unmatched SI Report
Intra-Day ISI/SI Full List
Intra-day Settled Position
Report
Statement of Money Ledger
Settled Position Report
Day-end Reports
Next Settlement Day
Due/Overdue Position
Report
Settlement Report
Statement of Money Ledger
SI Activity Report
Day-end Reports
Statement of Stock
Global
Market
(GLOB)
Data
file
N/A on
T+2
Y
N/A
N/A
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N/A
Y
Y
Y
Y
N/A
N/A
Y
Y
Y
N/A
Y
Y
N/A
N/A
N/A
N/A
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
__________________________________________________________________________________________
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
Report
Related
Reports
CSESM02
CSESB01
CCNAN05
CCNAN06
Nominee
Services
Related
Reports
CCNPT01
CCNPT02
CCNPT03
CCNPT04
Risk
Management
Related
Reports
CRMSD01
CCMSU04
CCMMV01
New
CCASS Fee
Related
Reports
CCDPC01
HK
Market
A Share
Market
(HKMK)
(MAMK)
Movement (By Stock)
Report
Statement of Stock
Movement (By Account)
Y
Report
Daily Stock Balance Report
Y
Intra-day Reports
Corporate Announcement
Master Data File (available
in data file format only)
Corporate Announcement
Maintenance Activities
Report
Day-end Reports
Nominee Functions Input
Activities Report
Entitlement Statement
Participant Voted Quantity
Exception Report – On
Voting Deadline
Participant Voted Quantity
Exception Report – Before
Voting Deadline
Intra-day Report
Mainland Settlement
Deposit Payable Report
Day-end Reports
Special-use Collateral
Balance Report
Participant Collateral
Account Movement Report
Day-end Report (Monthly)
Monthly Portfolio Fee
Collection Report
(month-end report dated 21
Sept 2014*) with portfolio
fee calculated for the days of
19, 20, 21 Sept with
simulated Exchange Rate on
18 July 2014
*21 Sept 2014 is treated as
month-end for the
generation of this report in
the CPS
Global
Market
(GLOB)
Data
file
N/A on
T+2
Y
Y
N/A
Y
Y
N/A
Y
Y
Y
Y
Y
N/A
Y
Y
N/A
Y
Y
Y
Y
N/A
Y
N/A
Y
N/A
Y
N/A
Remarks:
The contents of reports are testing data only, they should only be used solely for testing purposes during
the CPS.
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
APPENDIX C : Procedures to change the pre-defined “Report Directory” for download of
testing CCASS reports and date files via “Report Profile Maintenance”
function
1. Logon to CCASS and select “Report Profile Maintenance” function (available to user with function
group C only)
2. Select “GLOB” at the Market data field, then click the Submit button.
3. Enter the directories for downloading of reports / data files for the CPS
(e.g. for downloading reports and X:\SSMR\ONLINE\IMG\ for downloading data files), then
click the “Change” button.
Please ensure you have
(i) created the new directory(ies), if necessary, before changing the pre-defined “Report Directory”
for downloading testing CCASS reports and data files during the CPS; and
(ii) access to the pre-defined directory(ies) to retrieve the downloaded testing CCASS reports / data
files during the CPS.
__________________________________________________________________________________________
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
a. Sample screen with Report Directory(ies) defaulted by CCASS
__________________________________________________________________________________________
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
b. Sample screen with Report Directory(ies) changed for the CPS
4. Then click “Confirm” button to confirm the Report Profile settings.
5. Repeat steps 1 to 4 above by selecting “HONG KONG MARKET” and “MAINLAND A-SHARE
MARKET” at the market field.
Please note that there is NO need for participating users to reset the “Report Directory”, the “Report
Directory” changed during the CPS will NOT be carried forward to the production environment on the
following Monday, i.e. 22 September 2014.
__________________________________________________________________________________________
Page 29 of 31
Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
APPENDIX D: Special Authorisation Form
APPOINTMENT OF THE CPS COORDINATOR AS THE AUTHORISED SIGNATORY
DURING THE CLEARING PRACTICE SESSION (CPS)
CCASS Participants who wish to delegate the power of re-setting smartcard user password to their CPS
Coordinator during the CPS on 20 – 21 September 2014 should complete and sign this Authorisation Form prior
to the CPS. In case of need, the CPS Coordinator should complete and submit the Smartcard User Password
Reset Form for the CPS to HKEx together with the relevant smartcards in person at below address during the
CPS.
Date: ____________________
I/We hereby appoint the undersigned CPS Coordinator _______________________ for my / our
company as the authorised signatory for resetting the smartcard user password during the CPS on 20-21
September 2014.
Yours faithfully,
For and on behalf of
_____________________________________
Authorised Signature(s) with Company Chop
Participant ID: ______________________________
Name:
______________________________
Title:
_______________________________
Specimen Signature of the CPS Coordinator
_____________________________________
Name : _______________________________
Please submit the duly signed forms (both the Special Authorisation Form (if applicable) and Smartcard User Password Reset
Form for the Clearing Practice Session) together with the smartcards to :
Cash Clearing Operations,
Hong Kong Exchanges and Clearing Limited,
7/F, Infinitus Plaza, 199 Des Voeux Road Central, Hong Kong.
Note: Hong Kong Exchanges and Clearing Limited will only accept the ORIGINAL copies of the “Special Authorisation
Form” and “Smartcard User Password Reset Form for the Clearing Practice Session”.
__________________________________________________________________________________________
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Shanghai-Hong Kong Stock Connect – Clearing Practice Session
CCASS Participant Information Package
Smartcard User Password Reset Form
for the Clearing Practice Session
Date: ____________________
I hereby request to reset the smartcard user password for the following Users during the CPS on
20 – 21 September 2014
User Name
User ID
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
For and on behalf of
_____________________________________
Signed by the CPS Coordinator
Participant ID: ______________________________
Name:
______________________________
Title:
______________________________
Please submit the duly signed forms (both the Special Authorisation Form (if applicable) and Smartcard User Password Reset
Form for the Clearing Practice Session) along with the smartcards to :
Cash Clearing Operations,
Hong Kong Exchanges and Clearing Limited,
7/F, Infinitus Plaza, 199 Des Voeux Road Central, Hong Kong.
Note: Hong Kong Exchanges and Clearing Limited will only accept the ORIGINAL copies of the “Special Authorisation
Form” and “Smartcard User Password Reset Form for the Clearing Practice Session”.
__________________________________________________________________________________________
Page 31 of 31

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