Hong Kong Exchanges and Clearing : Shenzhen-Hong Kong Stock Connect

Pursuant to Chapter 38 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the Securities and Futures Commission regulates Hong Kong Exchanges and Clearing Limited in relation to the listing of its shares on The Stock Exchange of Hong Kong Limited. The Securities and Futures Commission takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness, and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Hong Kong with limited liability) (Stock Code: 388)

Reference is made to the announcements of Hong Kong Exchanges and Clearing Limited ("HKEX") dated 16 August 2016 and 11 October 2016 ("Announcements") in relation to the establishment of Shenzhen-Hong Kong Stock Connect. Unless the context otherwise requires, terms used in this announcement shall have the same meanings as those defined in the Announcements.

The Securities and Futures Commission and the China Securities Regulatory Commission jointly announced that the launch of Shenzhen-Hong Kong Stock Connect on 5 December 2016 ("Launch Date") has been approved. HKEX is pleased to announce that all the conditions under the Agreement have been satisfied and Shenzhen-Hong Kong Stock Connect will commence operation on the Launch Date.

Information about Shenzhen-Hong Kong Stock Connect is available on the HKEX Market website at www.hkex.com.hk/mutualmarket.

By Order of the Board

Company Secretary

Hong Kong, 25 November 2016

As at the date of this announcement, the Board comprises 12 Independent Non-executive Directors, namely Mr CHOW Chung Kong (Chairman), Mr Apurv BAGRI, Mr CHAN Tze Ching, Ignatius, Mr Timothy George FRESHWATER, Ms FUNG Yuen Mei, Anita, Mr Rafael GIL-TIENDA, Mr John Barrie HARRISON, Dr HU Zuliu, Fred, Dr KWOK Chi Piu, Bill, Mr LEE Kwan Ho, Vincent Marshall, Mrs LEUNG KO May Yee, Margaret, and Mr John Mackay McCulloch WILLIAMSON, and one Executive Director, Mr LI Xiaojia, Charles, who is also HKEX's Chief Executive.