Custody/clearing  
CHINA CONSTRUCTION BANK    
ICBC    
MINSHENG BANK    
SPDB    
 
 
CHINA - Capital Market Infrastructure Summary

Central Securities Depositories
China Securities Depository and Clearing Corporation Ltd (CSDCC)
China Government Securities Depository Trust & Clearing Corporation (CDC)

BIS Model
Model 2

Settlement Cycle
T+0 for 'A' shares: Securities
T+1 for 'A' shares (Renminbi): Cash
T+3 for 'B' shares (foreign currency)

Comment
The China Securities Depository and Clearing Corporation Limited (CSDCC) is the central counterparty, securities settlement system and central securities depository for all instruments traded on each of the Shanghai Stock Exchange and Shenzhen Stock Excha


Key terms defined in our glossary:

Central Securities Depository
BIS Model 2
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.