Wednesday, Apr 24 2024 | Time 20:52 Hrs(IST)
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World


HK stock link lets foreigners access China's booming tech firms

HONG KONG, Dec 2 (Reuters) A long-awaited link between China's booming Shenzhen stock market and neighbouring Honk Kong goes live on Monday, allowing foreign investors first-time access to some of the fastest growing technology companies in the world's second biggest economy.
The link comes two years after regulators approved the Shanghai-Hong Kong stock connect scheme and extends China's efforts to open up its vast capital markets even as it struggles to enforce curbs on speculative money that was blamed for triggering last summer's stock market crash.
The Shenzen opening - hobbled by delays of almost a year - will finally connect all of China's stock markets, which with a combined market cap of over
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Kabul seeks int'l support in war against drugs

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