The Shanghai-London Connect Was Always Just a Pipe Dream

(Bloomberg Opinion) — It’s always easier to put up a barrier on an empty road than a busy highway.That’s worth remembering in light of recent reports that China has temporarily suspended cross-border listings between the Shanghai and London stock exchanges. The halt is a response to the U.K.’s stance on pro-democracy protests in Hong Kong, Bloomberg News reported, citing a person familiar with the matter, and any resumption would depend on how diplomatic relations proceed. On Friday, China denied the reports that the link had been halted. The China Securities Regulatory Commission, the country’s securities watchdog, said operations at the …read more

Source:: Yahoo Finance

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