Stock Connect tipped to hit cap on launch day

Nov 16, 2014

Northbound trades on the Shanghai-Hong Kong stocks link are forecast to reach their daily quota limit when the scheme starts today after the finance ministry granted a tax waiver.

Stock Connect tipped to hit cap on launch day

Northbound trading through the Shanghai-Hong Kong Stock Connect is tipped to hit its daily quota cap when the scheme starts today after Chinese authorities granted a tax waiver late last week for international investors buying A-shares.

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