China Securities Regulatory Commission chairman Liu Shiyu says the Shenzhen-Hong Kong stock trading scheme will begin this year. Photo: EPAepa05171535 A picture made available 20 February 2016 shows Liu Shiyu, then vice governor of People's Bank of China, at a presser in Beijing, China, 13 March 2013. The chief of China's top securities regulator has been ousted amid growing criticism of the agency's actions during months of volatility in the country's main stock markets. Xiao Gang, 57, chairman of the China Securities Regulatory Commission since March 2013, was removed from his post as well as that of Communist Party leader of the commission, the official Xinhua news agency reported Saturday. Liu Shiyu, chairman of the Agriculture Bank of China, was appointed to replace Xiao as chairman and commission party leader, Xinhua cited the Communist Party Central Committee and State Council as saying. EPA/JOY CHINA OUT

Shenzhen-HK stock connection ‘definitely’ on for this year, says CSRC chairman

Without giving a date, Liu Shiyu says project has technical issues

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China Securities Regulatory Commission chairman Liu Shiyu says the Shenzhen-Hong Kong stock trading scheme will begin this year. Photo: EPAepa05171535 A picture made available 20 February 2016 shows Liu Shiyu, then vice governor of People's Bank of China, at a presser in Beijing, China, 13 March 2013. The chief of China's top securities regulator has been ousted amid growing criticism of the agency's actions during months of volatility in the country's main stock markets. Xiao Gang, 57, chairman of the China Securities Regulatory Commission since March 2013, was removed from his post as well as that of Communist Party leader of the commission, the official Xinhua news agency reported Saturday. Liu Shiyu, chairman of the Agriculture Bank of China, was appointed to replace Xiao as chairman and commission party leader, Xinhua cited the Communist Party Central Committee and State Council as saying. EPA/JOY CHINA OUT
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