Chinese Brokerage’s $2 Billion Offering Kick-Starts Stock Link With London - News Summed Up

Chinese Brokerage’s $2 Billion Offering Kick-Starts Stock Link With London


SHANGHAI—Chinese brokerage Huatai Securities Co. plans to raise as much as $2 billion selling London-listed share-backed instruments this week, reviving a delayed financial link between China and the U.K. The Shanghai-London Stock Connect aims to make Chinese shares available to British investors, and vice versa. A planned launch in December was postponed because of Brexit uncertainty and other problems, people familiar with the matter said at the time.


Source: Wall Street Journal June 12, 2019 06:31 UTC



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