china britain to study londonshanghai stock link
Last Updated : GMT 13:53:29
Arab Today, arab today
Arab Today, arab today

Minister George Osborne:

China, Britain to study London-Shanghai stock link

Arab Today, arab today

Arab Today, arab today China, Britain to study London-Shanghai stock link

Minister George Osborne
Beijing - Arab Today

China and Britain will study linking the London and Shanghai stock markets, Britain's finance minister George Osborne said Monday despite weeks of plunging prices on the Asian exchange.
Chinese stock markets have been sometimes likened to "casinos" and the benchmark Shanghai Composite Index soared more than 150 percent in the 12 months to mid-June, in a debt-fuelled rally encouraged by authorities.
They have since plummeted around 40 percent as the bubble burst, despite efforts by Beijing to prop up prices, which have raised questions over its economic management and its commitment to market reforms.
But Osborne -- on a five-day trip to China to promote ties between Britain and the world's second-biggest economy -- said a "feasibility study" would be carried out on a possible link between the London and Shanghai exchanges.

"It's in our interests that we have deeper and more mature financial markets across the world," he said.
"I think London as the home to the deepest and maturest capital markets can play an important part in that."
A "stock connect" between the Shanghai and Hong Kong bourses was launched in November last year, enabling international investors to trade selected shares in Shanghai, while also allowing mainland investors to buy them in the former British colony.
Osborne also called for closer business and economic links with China.
"We should be doing more business with China, we should be better connected to the Chinese economy, our financial institutions should establish stronger links," he said.

"I think that will help China in this important reform and change it's undergoing," he added. "But I also think it's going to help Britain."
Chinese state media reported in June that the London Stock Exchange was considering forging a stock link with Shanghai, quoting Nicolas Bertrand, head of equity and derivative markets for the London Stock Exchange Group.

Source: AFP

arabstoday
arabstoday

GMT 12:51 2017 Wednesday ,08 November

Al Walwel says Palestinian people able

GMT 22:32 2017 Tuesday ,07 November

UK queen's offshore investments

GMT 19:27 2017 Monday ,30 October

Govt committed to economic reform

GMT 17:50 2017 Wednesday ,18 October

UK Brexit budget offer is 'peanuts'

GMT 07:18 2017 Monday ,09 October

takes eurozone farewell bow

GMT 15:08 2017 Sunday ,08 October

Deutsche Bank plots more moderate

GMT 16:07 2017 Saturday ,07 October

Saudi companies invest in liquefied gas

GMT 21:52 2017 Tuesday ,03 October

Saudi , Russia to set up $1bn energy fund
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china britain to study londonshanghai stock link china britain to study londonshanghai stock link

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china britain to study londonshanghai stock link china britain to study londonshanghai stock link

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday