Stock Connect

The mechanism by which international investors can trade via the Hong Kong stock exchange to directly access stocks listed in mainland China. The scheme, launched in November 2014, adds more than 800 companies with market capitalisations equivalent to US$1 billion or more to the universe of stocks available to global investors. It marks a significant reform and liberalisation of China’s capital markets.

Two statues by Ren Zhe prepare for battle outside the Exchange Square in Central in Hong Kong on 10 November 2017. Photo: SCMP/Dickson Lee

Gloves are off in Hong Kong’s fight with China bourses for IPO crown

The stock exchanges of Shanghai and Shenzhen are pulling out all stops in offering themselves as the preferred destination for new-economy companies to raise capital, upping the ante in their competition with Hong Kong for the global crown in initial public offerings.