Quotable quotes from 11th Lujiazui Forum 2019
David Schwimmer, CEO of the London Stock Exchange Group
The London Stock Exchange has made preparations for Shanghai-London Stock Connect for several years.
Shanghai-London Stock Connect gives Chinese investors the possibility to invest in foreign enterprises. It also enables foreign investors to enter China's A-share market on the basis of the international liquidation mechanism, and to benefit from the growth of the Chinese market.
We have now completed the regulatory framework of the Shanghai-London Stock Connect and the cross-border trading rules have been finalized.
Shanghai-London Stock Connect is an excellent case of close cooperation between China and Britain, which reflects the close cooperation between Shanghai Stock Exchange, London Stock Exchange and Chinese and British regulatory authorities.
