Shanghai-HK ‘through-train’ stock connect to start November 17

BEIJING - After being delayed as a result of protests and civil unrest in Hong Kong, the long-awaited Shanghai-Hong Kong stock exchange connection (or “through train”) has a new start date of November 17, according to a joint statement by the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) of Hong Kong.

The two commissions have approved the launch of the through train to provide mutual trading access between the two stock markets. The pilot programme will allow investors in both markets to trade shares on each other’s exchanges.

Both commissions have confirmed that all regulatory and operational arrangements, such as quota mechanisms, have been finalised and are ready to go for next Monday’s launch. www.webershandwick.cn (ATI).