Shenzhen-Hong Kong Stock Connect for 2016 launch: Shanghai-London Connect mooted

BEIJING - Shenzhen Stock Exchange deputy general manager, Lin Fan, believes the long-anticipated Shenzhen-Hong Kong Stock Connect Programme is “likely to be launched this year”. He says technological and rule preparations are ready for a link programme which will allow investors to trade on both bourses under a quota.

The Shenzhen move, which is modelled after a similar through train between the Shanghai and Hong Kong bourses in 2014, is a further step in the opening of China’s financial market. China is also studying the feasibility of a Shanghai-London Stock Connect in 2017, according to a statement by the China Securities Regulatory Commission earlier this month. www.webershandwick.cn (ATI).