China denies suspending Shanghai-London stock link
By Li Xiang | chinadaily.com.cn | Updated: 2020-01-03 16:42
China's top securities regulator on Friday denied media reports about the suspension of the stock trading connect between Shanghai and London.
"Reports saying that China has suspended the Shanghai-London stock connect are untruthful," said Chang Depeng, spokesman of the China Securities Regulatory Commission at a regular news conference.
Chang said that the stock connect is an important effort by China to open its capital market and to expand cross-border investment and financing.
Reuters reported on Thursday that China had suspended the Shanghai-London stock scheme over political tensions with Britain.
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