You are here

Uneasiness over Shanghai-HK rules keeps big players at bay

BT_20141121_RICH21_1377453.jpg
Reality check has set in after the initial euphoria. The rules governing the scheme are also deterring long-only funds.

Hong Kong

PROFIT-TAKING and queasiness about the rules blighted trading via the Shanghai-Hong Kong stock connect this week after a brisk first day when mostly hedge funds and private banks snapped up all the available mainland shares within hours.

The scheme, which lets foreign...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes