Yu Xie

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5 Nov 2015 - 2:54PM
Stock connect scheme 'news' sparks Shenzhen and Hong Kong markets, but slowed as it emerged that no timeline set

A report that the Shenzhen-Hong Kong stock connect scheme would be launched this year sparked market rallies in the two cities on Wednesday morning, but the mood turned to disappointment in the afternoon and the Hong Kong rally lost steam when it emerged that the positive “news” was almost six months old.

A report that the Shenzhen-Hong Kong stock connect scheme would be launched this year sparked market rallies in the two cities on Wednesday morning, but the mood turned to disappointment in the afternoon and the Hong Kong rally lost steam when it emerged that the positive “news” was almost six months old.

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