China-Switzerland Stock Connect Program Takes Off

What’s new: A stock connect program linking China and Switzerland was officially launched Thursday with four Chinese companies kicking off trading in Zurich, according to China’s securities regulator.

The first batch of Chinese companies to list global depository receipts (GDRs) on the SIX Swiss Exchange include building materials manufacturer Keda Industrial Group Co., lithium battery materials maker Ningbo Shanshan Co., and battery makers Gem Co. and Gotion High-Tech Co. Ltd.