LSE says link between London and Shanghai on track


Trading link: An employee walks past FTSE 100 share price information displayed on an illuminated rotating cube in the atrium of the LSE. The Shanghai-London Stock Connect will for the first time allow international investors to access mainland-traded China A-Shares via depository receipts traded in the UK. — Bloomberg

LONDON: London Stock Exchange Group Plc (LSE) says the long-anticipated bridge between stock exchanges in London and Shanghai is on track to begin operation before year-end.

“The stated intention by the British and Chinese governments is to have it up and running by the end of this year,” Charlie Walker, head of equity primary markets at LSE, said in a London interview.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , london , LSE , China , Shanghai , stocks , shares , exchange ,

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact

Others Also Read