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Description:However, other analysts said it may not be enough to tip the scales. At that time, more than half of all listed Chinese companies, or some 1, firms, suspended their shares, putting a huge strain on market liquidity and worsening volatility. Hong Kong Exchanges and Clearing chief executive Charles Li Xiaojia said on Tuesday night that the new cross border scheme, which will allow international investors to trade Shenzhen listed stocks and mainlanders to trade Hong Kong stocks, will begin operation by Christmas this year. On May 27, the Shanghai and Shenzhen stock exchanges published separate detailed guidelines on curbing voluntary stock suspensions, stating that companies must provide proper reasons and submit necessary documents to support their claims. The scheme will allow investors in Shenzhen and Hong Kong to buy or sell stocks in each market through brokers. Nonetheless, to clear the path China also needs to address some key issues worrying international investors, including the fund repatriation limit, Tse added. We think you'd also like Thank youYou are on the list.

Views: 7836 Date: 2018-08-16 Favorited: 56