China slashes GDR lock-up for London-Shanghai Connect

LSE PA 230 150
By Jonathan Breen
15 Oct 2018

The China Securities Regulatory Commission has cut in half the lock-up period for converting global depository receipts (GDRs) into A-shares for the London-Shanghai Stock Connect, expected to launch later this year.

The CSRC published updated rules for its cross-listing programme between the London and Shanghai stock exchanges on October 12 as the link nears the final stages before going live. One of the most prominent updates is a reduction of the lock-up from six months to 120 days, after ...

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