Recently, the Shanghai Stock Exchange and the Shenzhen Stock Exchange respectively announced their lists of eligible stocks adjustments under Southbound Trading of the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect ("Stock Connect Southbound"). Among them, China Resources Beverage (Holdings) Company Limited (Stock Code: 2460.HK) has been included on the lists, effective from March 10, 2025.
The Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect schemes are a collaborative effort of the Hong Kong Stock Exchange, the Shanghai Stock Exchange and the Shenzhen Stock Exchange to enable investors in the Chinese Mainland and Hong Kong to trade through local security firms or brokers stocks listed on the respective stock exchange and eligible for the schemes. One of the main criteria for inclusion in the Stock Connect Southbound is being listed in the Hang Seng Composite Index. CR Beverage has been included in 30 indexes, including the Hang Seng Composite Index, Hang Seng Composite LargeCap & MidCap Index, Hang Seng Composite Industry Index-Consumer Staples, Hang Seng China Central SOEs Index, and Hang Seng Stock Connect Hong Kong Index.
As the top-ranked company in China's purified drinking water market and among the first enterprises in China to specialize in producing packaged drinking water, CR Beverage believes that its inclusion in the Stock Connect Southbound highlights the capital market's recognition of its long-term investment value and growth prospects, while enabling it to reach a broader range of investors, expand its shareholder base and enhance the liquidity of its shares.