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Hong Kong-Shanghai trading link to start on Nov 17
Published Mon, Nov 10, 2014 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Hong Kong
A TRADING link between Hong Kong and Shanghai's stock exchanges will start on Nov 17 after weeks of delays, the Hong Kong exchange announced on Monday, in a move that is expected to lead to billions of dollars in daily transactions.
The Hong Kong Monetary Authority described the "Shanghai-Hong Kong Stock Connect", which is seen as a key step towards greater financial liberalisation in China's economy, as a "milestone".
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