Golden Finance reported that on October 4, Hong Kong Exchanges and Clearing Limited (HKEX) announced the launch of HKEX Synapse (Synapse), an innovative integrated platform that allows multiple parties to jointly handle post-settlement processes, using the latest technology to improve market efficiency and transparency of post-settlement processes. Synapse will be launched on October 9, 2023. Through DAML smart contract technology, it will standardize and simplify post-trading workflows, improve operational efficiency and transparency, and reduce settlement risks. After the launch of HKEX Synapse, the trading process between China Connect Exchange Participants (CCEP) and the Stock Exchange of Hong Kong (SEHK) and the matching, settlement and delivery schedule in the central clearing system of Hong Kong Central Clearing Company (HKSCC) will not be affected at all. For market participants who do not subscribe to HKEX Synapse services, their settlement and delivery procedures remain unchanged.