The London-Shanghai Stock Connect programme officially launched in June after a similar stock connect scheme involving the mainland Chinese stock markets and Hong Kong started in 2014. Photo: Reuters
Chinese companies turned off from British stock market connect by Brexit uncertainty
- London-Shanghai Stock Connect programme has started slowly with only one Chinese firm listed in London and no British firms listed in Shanghai
- Chinese companies fear double taxation at a time when Beijing is trying to ramp up efforts to increase capital inflows to boost investment and stabilise growth
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China economy
The London-Shanghai Stock Connect programme officially launched in June after a similar stock connect scheme involving the mainland Chinese stock markets and Hong Kong started in 2014. Photo: Reuters