Definition
The Central Clearing and Settlement System, an electronic book-entry clearing and settlement system run by HKSCC for securities listed or admitted to trading on the Stock Exchange of Hong Kong, in operation since 1992. HKSCC Nominees Limited is the registered holder of securities held by participants in CCASS, and CCASS disclosure shows participants' shareholdings rather than the underlying investors. The allottee profile data on this site is parsed from registrar allotment result files, not from CCASS disclosure. Basis: HKEX pages on CCASS and the Participants Shareholding Reports.
Category
Trading

Basis

The links above lead to official sources such as HKEX and the SFC. The explanation on this site summarises them and may differ from the official definition; the official documents prevail.

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This page explains the HK IPO term "CCASS" and links to related terms. Definitions are compiled from HKEX Practice Note 18 and the Listing Rules, for understanding subscription rules only — not investment advice.

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