Shanghai-HK bourse link-up likely in 6 mths

INVESTORS in Hong Kong and Shanghai could be buying shares in each other's stock exchange - as soon as in six months' time - under a groundbreaking cross-border bourse link-up. But first, they need to brace themselves for greater risks and restrictions than would otherwise apply.

The way the Shanghai-Hong Kong Stock Connect is set up is aimed at preventing risks from spilling into each other's backyard while serving multiple purposes; the payoffs, for example, includ…