HSBC Gears Up for China Listing Through Shanghai-London Link
- Bank is first U.K. firm to confirm interest in program
- Trading link will let companies cross-list in each market
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HSBC Holdings Plc is examining plans for the upcoming Shanghai-London trading link, a move that could see Europe’s largest bank list shares in China.
London-based HSBC is the first U.K. company to publicly state an interest in taking part in the program, which will allow firms listed on exchanges in either of the two cities to issue depositary receipts on the other’s venue.