LINE

Text:AAAPrint
Business

Shanghai-London stock connect to come this year

1
2018-05-04 13:37:47chinadaily.com.cn Li Yan ECNS App Download

The Shanghai-London stock connect will be launched within this year with Shanghai aiming to be the first to open the financial industry to foreign companies and institutions.

The city is discussing with the state's financial regulators to become a "pioneer" to accelerate the financial opening-up, said Li Jun, deputy head of Shanghai Municipal Financial Service Office, at a news conference held on Thursday.

Some large financial institutions from Europe and Asia have filed applications to increase their shareholdings and expand their businesses scopes, Li added.

Moreover, the financial office will continue to push forward renminbi internationalization and capital account convertibility in Shanghai free trade zone, Li said.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.