介绍:
1,Authorities have announced the stock trading link between Shanghai and Hong Kong is going to be delayed for an unspecified period of time.
The China Securities Regulatory Commission was due to launch the Shanghai-Hong Kong Stcok Connect today.
No word on when the link might become active.
While no official reason for the delay has been given, observers are suggesting it's due to regulatory concerns about a smooth launch of the program.
The cross-border trading program was first proposed by Premier Li Keqiang back in April at his speech in Boao Forum.
The plan is to allow international investors to trade selected Shanghai-listed A shares via Hong Kong with a daily trading quota of 1.7 billion dollars.
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