Chinese Investors Set to Trade Foreign Stocks Via Hong Kong Links

Hong Kong has attracted few initial public offerings by non-Chinese companies in the past decade

(Bloomberg) — Chinese investors will soon be able to buy and sell shares of international companies with a primary listing on Hong Kong’s stock exchange in a move that may encourage more companies to sell new shares in the city.

Securities regulators in the Chinese mainland and Hong Kong agreed to expand the scope of stocks eligible for inclusion in the city’s trading links with Shanghai and Shenzhen, according to statements Monday including by Hong Kong Exchanges & Clearing Ltd. Preparation for the new proposals will take about three months, and the official launch date will be announced later, according to the HKEX statement.