Moving Beyond the Indirect Shanghai-Hong Kong Stock Connect Model: Ruishi International’s QFI Qualification Launches the "Direct Connection Model" for China Investments

2025-10-30Company News

"In the past, when investing in China's new stocks through the Shanghai-Hong Kong Stock Connect, we were not only restricted by the scope of underlying securities in terms of subscription quota, but also unable to participate in offline placements, missing out on many high-quality opportunities." The Trading Director of Ruishi International Capital admitted that this was a common dilemma for international institutions investing in China's new stocks previously.

The acquisition of the QFI qualification has completely changed this situation — Ruishi International can now directly participate in the subscription of new stocks across all A-share segments, including offline placements, expanding its investment scope by more than 3 times compared with the Shanghai-Hong Kong Stock Connect. At the same time, fund settlement can be completed directly through its Hong Kong branch, improving efficiency by 50% compared with the indirect model, and avoiding additional costs caused by exchange rate fluctuations.

"Take the recent IPO of an AI enterprise as an example. With the QFI qualification, we not only obtained a larger placement quota, but also could communicate directly with the enterprise to gain a deeper understanding of its business plans," the director said. "The 'direct connection model' will help international capital capture opportunities in China's new stock market more efficiently."