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Hong Kong-Shenzhen trading link makes lacklustre debut

Analysts not surprised, citing China's economic slowdown, the weak yuan and an expected hike in US interest rates

Hong Kong

A LONG-DELAYED trading link between the exchanges of Hong Kong and Shenzhen in China made a disappointing debut on Monday, with markets on both sides of the border ending lower.

The link opens another door to the mainland's cloistered markets, allowing foreigners to buy shares in more than 800 Chinese firms for the first time, while also giving mainlanders further access to Hong Kong-listed companies.

Similar to a connect that kicked off between Hong Kong and Shanghai two years ago, the scheme is being touted as China's latest effort to prove its capital markets are gradually opening.

But a growth slowdown in China's economy, the weak yuan and an expected hike in the United States interest...

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