CCASS (Central Clearing and Settlement System) is the central securities depositary and clearing system operated by Hong Kong Securities Clearing Company Limited (HKSCC), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX). It provides clearing, settlement, and depository services for transactions executed on the Hong Kong Stock Exchange (SEHK). CCASS facilitates the efficient and safe transfer of securities and funds, reducing counterparty risk and promoting market integrity in the Hong Kong financial market.
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