on November 17, 2014 in World News
China opens up $4.2tn stock market to world via Hong Kong
China opens up $4.2tn stock market to world via Hong Kong he Chinese mainland is now open for business, at least in terms of its $4.2 trillion capital market. The Shanghai and Hong Kong stock exchanges are now linked giving foreign investors access to the tightly-controlled Chinese capital markets. Stock Connect debuted on November 17, and for the first time, stocks on both markets can be traded freely, a major step in China’s roadmap to liberalize its economy. The landmark agreement will give international investors a lot more options- 568 Shanghai-listed stocks and 268 Hong Kong-listed companies. Foreign investors will… View Article
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