Categories: Business

China to include eligible dual-listed shares in Stock Connect scheme


Sun, 2022-10-09 23:28

BEIJING: Dual-class shares, which have converted to primary listings in Hong Kong, can be included in the crossborder Stock Connect scheme, Shanghai and Shenzhen stock exchanges said on Saturday, potentially channeling fresh money into eligible stocks.

The Stock Connect is an investment channel that connects the Hong Kong, Shanghai, and Shenzhen stock exchanges.

In a statement, the bourses gave the example of Shanghai-based video platform Bilibili Inc., whose shares are listed in the US and Hong Kong.

Main category:
Business & Economy



Source link

gulftimes

Recent Posts

Pig kidney works in human body for 271 days – is this the future of organ transplants?

A kidney transplanted from a pig has worked inside a patient for 271 days –…

8 hours ago

New GP and wellbeing hub in Newhavan ‘a major milestone’

The council says the plan is to create an environment which can offer healthcare, wellbeing…

15 hours ago

Security Council LIVE: Addressing the legacy of Syria’s chemical weapons

Following revelations from the UN nuclear watchdog that the former Syrian regime failed to report…

18 hours ago

Outside forces fuel Sudan war, new report finds

This action is strengthening the military capabilities of the warring parties and enabling increasingly sophisticated…

18 hours ago

Nepal floods leave 22,000 children without safe water: UNICEF

Water systems have been damaged across affected districts, while toilets and other sanitation facilities have…

18 hours ago

Palestinian teens killed during settler attack on West Bank village, officials say

At least 81 Palestinians have been killed by Israeli forces or settlers in the West…

20 hours ago