Shenzhen Connect's launch next month has luxury of learning Shanghai pitfalls
Financial regulators in Beijing and Hong Kong announced the launch of the Shenzhen-Hong Kong Stock Exchange Connect, slated for December, giving foreign investors access to the world's eighth largest exchange and more importantly China's high growth equity market, writes Anthony Cragg, senior portfolio manager on the Wells Fargo China Equity fund.
The Connect represents the second out of three major milestones for the opening up of China's domestic stock market. The first was the November 2014 launch of the Shanghai-Hong Kong Connect and the...
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