Recently, there have been new signs showing China is liberalizing the capital markets. CCTV’s Zhu Dan filed this report from Hong Kong.
New signs show China is liberalizing the capital marketRecently, there have been new signs showing China is liberalizing the capital markets. CCTV’s Zhu Dan filed this report from Hong Kong.
- Market participants are now eagerly awaiting a similar share trading link between Shenzhen and Hong Kong, which reportedly will be launched this year.
- So far, about 100 Hong Kong-registered funds and 850 mainland funds are eligible for the mutual fund recognition program. With greater mutual access, the annual fireworks display on the anniversary of Hong Kong’s return to China on July 1st may be burning bright with better reason.
Fred Teng, America-China Public Affairs Institute on China’s stock market
CCTV America’s Michelle Makori spoke with Fred Teng who is President of the America-China Public Affairs Institute, and he shared his knowledge of China’s stock markets