|
|
 |
|
|
Shanghai-Hong Kong Stock Connect by graziano formica
|
|
|
Shanghai-Hong Kong Stock Connect |
|
|
|
|
|
Affiliate Programs,Business News,Business Opportunities
|
|
|
The Shanghai Stock Exchange, the world's fifth-largest by market capitalization, has been among the world's worst performers in the past four years. Domestic investors have turned away from it after suffering big losses, driven in part by a system where the government decides which companies can list their shares. The system to link Hong Kong stocks with the mainland has been much-anticipated Regulators have approved a long-awaited plan to connect the Hong Kong and Shanghai stock exchanges. The Shanghai-Hong Kong Stock Connect will allow investors to trade across the border for the first time and is set to begin on 17 November. It means global investors will now have access to Chinese stocks from Hong Kong, potentially resulting in $3.8bn (£2.3bn) worth of trades a day. The system was expected to begin in October, but was delayed last month. The tie up is seen as a key milestone in the capital market liberalisation of China - the world's second largest economy - where authorities keep a strong grip on the yuan currency. Chinese regulators finally gave their approval on Monday. The Hong Kong Monetary Authority, the territory's de-facto central bank, issued a statement saying it was "pleased" with the approval after "intensive discussions and preparations." "The linking of the Hong Kong and Shanghai stock markets will also propel the development of offshore renminbi (yuan) business in Hong Kong to new heights. 188 bet uk joint freeg(22055258)a(2441579)) http://www.amazon.co.uk?_encoding=UTF8&tag=thecityseller-21 www.thecityseller.com  http://www.qatarairways.com/kw/en/offers/last-minute-holiday-offers.page?cid=AFALL454410&a_aid={affid}
Related Articles -
stock exange, business, affiliate,
|
Rate This Article  |
|
|
|
|
|
|
|
|
|
| Author Login |
|
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
|
STEPHEN BYE
Stephen Bye is a fiction writer. His most recent novels are a 5-book “The Developer” series which be...more
|
|
|
|
|
PAUL PHILIPS
For more articles, blog messages & videos and a free e-book download go to www.NewParadigm.ws your p...more
|
|
|
|
|
LEVAL AINAH
I am an internet marketer and also an educator. My goal is to help others who are looking to improve...more
|
|
|
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
MICHAEL BRESCIANI
Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
|
|
|
|
