The stock exchanges of Hong Kong, Shanghai and Shenzhen will invest a total of HK$300m in creating a joint venture aiming to give investors access to companies listed in all three cities for the first time.
The venture, to be a separate company, should be up and running within three months and Charles Li, chief executive of Hong Kong Exchanges & Clearing Limited(HKEx), said it would create its first cross-border indices by the end of the year.
Further products, such as derivatives and exchange traded funds based on the indices and stocks will be introduced next year.
您已阅读22%（573字），剩余78%（2024字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。