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How Shenzhen-Hong Kong stock connect blunder reveals central bank governor's ambition to take charge of China’s capital accounts reform
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.

5 Nov 2015 - 4:56AM

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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