PREMIER Li Keqiang said that a stock trading link between Hong Kong and Shenzhen should be established following the launch of a similar program between Shanghai and Hong Kong, a Shenzhen-based newspaper reported yesterday.
Li made the comments during an inspection visit to Shenzhen, Shenzhen Special Zone Daily reported yesterday in a brief article posted on its website.
The report did not give further details.
China kicked off the special trading link between the Shanghai Stock Exchange, the bigger of the mainland’s two bourses, and its Hong Kong counterpart Nov. 17, granting global investors unprecedented access to many of China’s domestically traded shares.
The program also allows qualified mainland investors to buy shares in Hong Kong.
While the Shanghai exchange hosts mostly large listed firms, the Shenzhen bourse positions itself as a marketplace for smaller and more technology-oriented companies. (SD-Agencies)
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