London eyes flexible listing to accommodate more Chinese firms

Great potential: An employee views a FTSE share index board in the atrium of the LSEG's offices in London. Schwimmer says the group sees an increasingly interesting opportunity when it comes to the significant growth potential of China's derivatives market. — Bloomberg

LONDON: The London Stock Exchange (LSE) is mulling more flexible listing standards to accommodate more Chinese companies in London via its stock connect programme with Shanghai and Shenzhen.

“We are looking at the listing requirements in London and I am optimistic that very soon we will be able to have more flexible listing standards that will make it even easier for some companies to list in London,” said David Schwimmer, chief executive officer of the London Stock Exchange Group (LSEG) that owns the LSE.