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Post-Brexit London Takes Step Forward With Shanghai Stock Link

London Stock Exchange Group Plc took a small step forward with the Shanghai Stock Exchange as they develop common operations between the markets.

The companies agreed to “develop rules and implementation arrangements,” according to a joint announcement Thursday. The statement suggests the U.K. is looking to deepen ties with other markets at a time when its access to Europe’s single market is in jeopardy. The paper was light on details about connecting the markets, which faces obstacles in part because the operations are in different time zones.