China Shares to Open for More Trading Days Under Link Deal
- Agreement would see northbound trading around public holidays
- Preliminary trading agreement now awaits regulatory approval
This article is for subscribers only.
Traders using the stock connect between exchanges in Hong Kong and mainland China may soon get more days to sell Chinese shares.
Hong Kong Exchanges & Clearing Ltd. is working on an arrangement to keep the northbound link to bourses in Shanghai and Shenzhen open on the days before a public holiday in Hong Kong, Lorraine Chan, HKEX spokeswoman, said by email. If adopted, the deal would mean investors could sell mainland-listed stocks via the link on those days. Final details of the arrangement have not been announced and any deal is subject to regulatory approval, Chan said.