CLSA and BNP Paribas Securities Services partner to ease access to China’s equity capital markets via Stock Connect

Hong Kong

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BNP Paribas Securities Services today confirmed CLSA as its latest partner broker for its Multi Approved Partner Broker (MAP) Model for the Mainland-Hong Kong Stock Connect scheme. 

The MAP model allows investors to choose from a variety of brokers whilst benefiting from guaranteed real delivery versus payment (DvP) settlement through internalised settlement in the local custody book of BNP Paribas in Hong Kong.

The partnership between BNP Paribas and CLSA builds a strong bridge between China and global buy-side institutions via the MAP Model. CLSA is renowned for providing global investors with original equity research on Asian companies, markets and themes. Thanks to CLSA’s affiliation with CITIC Securities, China’s leading securities company and largest underwriter of Chinese debt and equity, clients can easily access and invest into China.

Julien Kasparian, Head of BNP Paribas Securities Services Hong Kong, said: “We are delighted to have CLSA join our MAP Model as a partner broker. To support our clients and their cross-border ambitions, we are continually growing the list of approved broker partners to enable institutional investors to invest into China through Stock Connect in the most efficient ways.”

Edward Park, CEO of Institutional Equities at CLSA, said: “China’s onshore capital markets continue to expand and attract foreign investment, as global indexes increase China’s weighting in their equity and fixed income benchmarks, and direct investment becomes more accessible. This partnership will enable BNP Paribas’ and CLSA’s clients to invest in Chinese equities based on our actionable and original research, with the security brought about by a market-leading custodian.”

CLSA provides differentiated and innovative products and services in asset management, corporate finance and capital markets, securities and wealth management to corporations, financial institutions, governments and individuals.

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About CLSA Limited

CLSA, CITIC Securities’ international platform, provides global investors and corporates with insights, liquidity and capital to drive their growth strategies.

Award-winning research, an extensive Asia footprint, direct links to China and highly experienced finance professionals differentiate our innovative products and services in asset management, corporate finance, equity and debt capital markets, securities and wealth management.

As part of CITIC Securities (SSE: 600030, SEHK: 6030), China’s leading investment bank, CLSA is uniquely positioned to facilitate cross-border capital flows and connect China with the world and the world to China.

CLSA operates from 22 cities across Asia, Australia, Europe and the United States. For further information, please visit www.clsa.com.

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For any media enquiries: media@clsa.com