China allow mainland investors to trade shares in firms listed in Hong Kong and vice versa


SHANGHAI: China’s securities regulator and its Hong Kong counterpart said they will allow mainland investors to trade shares in designated companies listed in Hong Kong, while letting Hong Kong investors buy selected Shanghai-listed shares.

The China Securities Regulatory Commission (CSRC), in a joint statement with the Hong Kong Securities and Futures Commission, said the pilot scheme would be limited to companies already listed in both Shanghai and Hong Kong, as well as selected other bluechip companies.

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Business , China , Hong Kong , crossboader

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