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China Seen Delaying Shenzhen Stock Link Until 2016 Amid Turmoil

  • Analysts say regulators are more focused on ending rout
  • Foreign investors have been selling through Shanghai link
Updated on

China will probably delay the start of a Shenzhen stock-exchange link until next year as authorities focus their efforts on stabilizing the mainland share prices in the wake of a $5 trillion selloff, according to analysts in a Bloomberg survey.

Ten of the 13 respondents said the link with Hong Kong is likely to be pushed back to 2016, while the rest predicted a start by year-end. China Securities Regulatory Commission Chairman Xiao Gang and Hong Kong Chief Executive Leung Chun-ying both said earlier this year that the connect may open in 2015.