男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Shanghai-London Stock Connect to launch on Dec 8

By Yu Xiaoming | chinadaily.com.cn | Updated: 2018-11-14 13:20
Share
Share - WeChat
The Shanghai-London Stock Connect will allow London-listed companies to issue Chinese Depository Receipts in China, while Shanghai-listed companies will be able to issue Global Depositary Receipts on the London bourse. [Photo/VCG]

The long-awaited Shanghai-London Stock Connect is expected to launch on December 8, China Securities Journal reported Wednesday.

Securities brokers are working on business plan of the stock connect in preparation and all system tests are expected to be completed by early next month, the newspaper said.

The new stock connect program, which was jointly advanced by the governments of China and the UK in 2015, will allow London-listed companies to issue Chinese Depository Receipts in China, while Shanghai-listed companies will be able to issue Global Depositary Receipts on the London bourse.

More than 10 securities companies have passed the market maker system test, the newspaper said, adding that brokerages failed in the follow-up tests will be disqualified for market makers.

The China Securities Regulatory Commission last month issued trial rules on depositary receipt business in the Shanghai-London Stock Connect program after seeking public comment for more than a month.

The CSRC revised some items in the previous version, including the restricted redemption period for domestic companies issuing Global Depositary Receipts and the rights issue of overseas companies after their China Depositary Receipts offering.

Overseas firms issuing depository receipts in China should meet a minimum market value of 20 billion yuan, while individuals applying to take part in CDR trading should keep no less than 3 million yuan in their account on average daily, the Shanghai Stock Exchange earlier said in a document.

In a bid to further open up the capital market, the central government rolled out the Shanghai-Hong Kong Stock Connect in 2014 and the Shenzhen-Hong Kong Stock Connect in 2016 as well as a bond-connect program launched in Hong Kong in July last year.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 巴马| 增城市| 定西市| 新蔡县| 宽城| 获嘉县| 郎溪县| 赤城县| 黄平县| 岳西县| 永德县| 中超| 房山区| 韶山市| 长顺县| 镇安县| 广平县| 静乐县| 方山县| 岐山县| 萨迦县| 秦安县| 布尔津县| 镇江市| 鄂托克前旗| 思茅市| 连平县| 钦州市| 确山县| 北票市| 金山区| 晋中市| 略阳县| 咸宁市| 东阳市| 任丘市| 山东| 龙陵县| 谷城县| 高雄县| 堆龙德庆县|