Business & Finance
China’s Wu Vows Further Expansion of Market Links to Hong Kong
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China’s Wu Vows Further Expansion of Market Links to Hong Kong China is working closely with Hong Kong authorities to expand the Stock Connect cross-border trading link by adding yuan-denominated stock counters and real estate investment trusts, according China Securities Regulatory Commission Chairman Wu Qing. At an event in Hong Kong to launch Chinese offshore government bond futures, Wu reiterated Beijing’s commitment to opening mainland markets and facilitating international investment...
China’s Wu Vows Further Expansion of Market Links to Hong Kong
China is working closely with Hong Kong authorities to expand the Stock Connect cross-border trading link by adding yuan-denominated stock counters and real estate investment trusts, according China Securities Regulatory Commission Chairman Wu Qing.
At an event in Hong Kong to launch Chinese offshore government bond futures, Wu reiterated Beijing’s commitment to opening mainland markets and facilitating international investment through the city. Regulators on both sides are actively preparing technical frameworks to enable mainland investors to trade dual-currency counters and REITs via Southbound Stock Connect.