BAML: delayed Stock Connect to launch by year end

Shanghai_stock_exchange_230px
By GlobalCapital
30 Oct 2014

The Shanghai-Hong Kong Stock Connect initiative, also known as the Through Train, this week missed its widely expected October 27 launch date. The Hong Kong Stock Exchange (HKEx) said on October 26 that the programme was ready to go, pending final approval from Hong Kong and Chinese regulators.

According to David Cui, head of China equity strategy at Bank of America Merrill Lynch, the wait might not be too much longer, however. In a press conference on October 27, Cui said: “We still expect [launch] by the end of the year. HKEx said that ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial