Shanghai-London Stock Connect Goes Live With Huatai Securities Debut
June 21, 2019 | BY
Marilyn RomeroThe Shanghai-London Stock Connect program has finally started, with Chinese brokerage Huatai Securities raising $1.5 billion in its debut listing.
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On June 17, the long-awaited Shanghai-London Stock Connect program was officially launched. As a result, certain companies listed on the Shanghai Stock Exchange and those on the London Stock Exchange are now allowed to issue depositary receipts for trading on the other bourse.