The debut of Huatai Securities in London could open the floodgates for dozens of mainland Chinese firms to raise funds on the UK bourse. Photo: Bloomberg
London-Shanghai stock connect goes live, allowing foreign firms to list their shares in mainland China for the first time
- Huatai, one of China’s largest brokerages, made its trading debut on the London Stock Exchange as it becomes the first company to trade via the new link
- The scheme is seen as a major step for Beijing in its efforts to internationalise its markets
The debut of Huatai Securities in London could open the floodgates for dozens of mainland Chinese firms to raise funds on the UK bourse. Photo: Bloomberg
