China to Expand Exchange Link With Increased Quota, More Shares
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China will expand the trading quota and the number of eligible shares for the Shanghai-Hong Kong stock link, according to the nation’s securities regulator.
China Securities Regulatory Commission Vice Chairman Fang Xinghai made the comments at a seminar posted on the CSRC’s website, which didn’t give further details. The regulator will also promote a planned link with Shenzhen, he said. The Shanghai link will be expanded once the new trading channel begins, which is unlikely to be this year, Charles Li, chief executive officer of the Hong Kong Exchanges & Clearing Ltd., said in a briefing in the city on Tuesday.