沪伦通

London-Shanghai stock link hailed as ‘groundbreaking’

A long-delayed programme to link the London and Shanghai stock exchanges will officially launch on Monday, allowing global investors to access shares in Chinese companies and Chinese investors a chance to buy LSE-listed stock.

The scheme, originally scheduled to begin last year, will be launched on the sidelines of a visit by Chinese vice-premier Hu Chunhua to London, during meetings with UK chancellor Philip Hammond.

Chinese state-media reported that the Stock Connect scheme, first announced in 2015, was due to launch in December, but blamed uncertainty created by Brexit for the delay.

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