Shanghai-Hong Kong Stock Connect to go live next week
Direct investment in China to launch Nov 17
The Shanghai-Hong Kong Stock Connect will launch on November 17, allowing investors in Hong Kong to directly trade mainland Chinese shares, securities regulators in the two jurisdictions revealed today.
Delays last month saw markets disappointed as the expected launch date came and went. But sentiment improved today, with the Hang Seng closing up 0.8% and the Shanghai Composite up 2.3%.
"The necessary trading and clearing rules and other relevant rules, the daily and aggregate quota mechanisms
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