Shanghai-London Stock Connect to launch in Q1 08 January 2019London Reporter: Jenna Lomax
Image: Shutterstock
Shanghai-London Stock Connect, a cross-listing programme between exchanges in Shanghai and London, could be officially launched during Q1 this year, a leading financial service has said.
Participants must obtain the qualifications to trade Chinese depository receipts, which is a certificate issued by a custodian bank that represents a pool of foreign equity.
In addition, domestic brokerages must be registered with the Shanghai Stock Exchange to become a cross-border conversion agency to be selected.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 