Group said that it has not yet made formal partner agreements for the link
Hong Kong Exchanges and Clearing (HKEx) on
Wednesday rebuffed media reports that its highly-anticipated
Shenzhen-Hong Kong Stock Connect is soon to launch, after
comments from the PBoC led to some unusual trading volumes in
HKEx in a statement Wednesday said that
the proposed Shenzhen Stock Connect programme remains, "subject
to regulatory approval and no agreement with our counterparts
has been entered into."
The comments came after the governor of
the People’s Bank of China (PBoC), Zhou Xiaochuan,
was quoted as reporting that the new trading link would be
launched by the end of the year.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.