Commodities may add to Connect scheme as China signals support for Hong Kong’s role

Quick Summary:

Commodities will be added to the stocks, bonds, options and wealth management products that are currently tradeable in the so-called Connect scheme, CSRC said.

Chinese Vice Premier He Lifeng at the Global Financial Leaders’ Investment Summit in Hong Kong on 19 November 2024.“Once again, it is proved that with a good system of ‘one country, two systems’, the sturdy support of the country and hard work of the people, Hong Kong’s status as an international financial centre will be more prominent,” he said in his opening remarks at the conference.

He delivered a recorded speech via satellite last year.

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Article Details

Author / Journalist: Mia Castagnone

Category: Business

Markets: Hong KongChina

Topics: Mainland Investment Hong Financial Global Chinese Kong Centre Products Regulator Securities

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 11:04:07 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 305 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23686338

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