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Noticias de trading
16 Aug 2016
China State Council approves Shenzhen-HK stock connect
Latest headlines crossing the wires, via Reuters, note that China’s State Council approves Shenzhen-HK stock connect.
Last Friday, the China Securities Regulatory Commission (CSRC) said it was actively preparing for the Shenzhen-Hong Kong stock connect and would launch the scheme sometime this year.
The Shenzhen-Hong Kong Stock Connect is a cross-border investment programme modelled after the Shanghai-Hong Kong Stock Connect, which was launched in Nov. 2014, and allows mainland investors to buy Hong Kong stocks, and vice versa.