Investors await start of Shenzhen trading link

Shanghai

FOREIGN investors eager to tap into the next generation of Chinese firms should soon be able to directly trade stocks in Shenzhen, but the high valuations and extreme volatility of the country's second-largest exchange may limit early inflows.

The debut in November of the landmark Stock Connect trading platform between Hong Kong and Shanghai, although marred by technical problems, has been hailed by foreign funds as a fundamental step in the opening up of China's capital account.