WORLD China securities regulator denies report of Shanghai-London Stock Connect suspension

WORLD

China securities regulator denies report of Shanghai-London Stock Connect suspension

Xinhua

00:00, January 04, 2020

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BEIJING, Jan. 3 (Xinhua) -- China's securities regulator on Friday said the media report of the Shanghai-London Stock Connect program being suspended is not true.

The Shanghai-London Stock Connect program has been operating normally since its launch, said Chang Depeng, spokesperson with the China Securities Regulatory Commission, at a press conference.

Chang said the report does not conform to the truth, citing fact that many domestic enterprises have expressed interests in cross-border listing via the program.

Meanwhile, up to 11 British brokers have completed record filing for Global Depositary Receipts (GDRs) conversion deals as of Friday, according to Chang. 


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