China, Hong Kong to expand cross-border Stock Connect scheme

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China, Hong Kong to expand cross-border Stock Connect scheme
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SHANGHAI : Chinese and Hong Kong securities regulators said on Monday that they have agreed in principle to further expand the scope of eligible stocks under the mainland-Hong Kong Stock Connect.The move is aimed at 'deepening mutual stock market access between the mainland and Hong Kong, and promote the

SHANGHAI : Chinese and Hong Kong securities regulators said on Monday that they have agreed in principle to further expand the scope of eligible stocks under the mainland-Hong Kong Stock Connect.

The scope of eligible stocks will be expanded for both the Northbound and Southbound trading links, and preparation for the expansion will take about three months, the regulators said. The scheme will also include stocks of companies that have issued both A shares and Hong Kong-traded H shares, according to the statement.

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