Stock Connect Rmb500bn quota will be filled within six months, say CLSA and CITICS
The mutual market access (MMA) equity trading scheme that is expected to launch in October, also known as the Hong Kong-Shanghai Stock Connect and the Through Train, is likely to catalyse financial reform in the areas of RMB internationalisation and capital account opening, according to a report published on August 19 by CLSA and CITIC Securities (CITICS).
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