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Through-train will draw capital to HK

Link with Shanghai set to boost liquidity on a structural basis
Wednesday, September 10, 2014 - 06:00
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Stock in trade: While the through-train is not a new idea, it comes at a time when China has already accelerated other areas of financial sector reform. - PHOTO: BLOOMBERG

IN a matter of weeks, a landmark event is scheduled to impact the capital markets of both Shanghai and Hong Kong: the through-train that will link qualified investors in these two financial centres, allowing them direct access to selected stocks on both exchanges, will be launched in October.