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

2020-01-04 02:56:43Xinhua Editor : Zhao Yuning ECNS App Download

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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