The Brazil Stock Exchange is negotiating with the Shanghai and Hong Kong stock exchangex and may reach an agreement with Shanghai by the end of this year, said Paulo Oliveira, CEO of Brazil Investments & Business.
Hong Kong stocks closed 133.76 points higher, or 0.69 percent, at 19,621.24 on Wednesday.
China's stock index futures rose Wednesday with the contract for June, the most actively traded, up 3.31 percent from the previous trading day to end at 2,788.8 points.
The ChiNext Index, launched by the Shenzhen Stock Exchange last Tuesday, was up 10.67 points, or 1 percent, to close at 1077.82 points in Wednesday's trading.
Driven by strong performance of the financial sector, Chinese shares surged almost 3 percent on Wendesday with the benchmark Shanghai Composite Index up 2.71 percent to 2,582.14 points as of 2:40 pm.
China Securities Regulatory Commission (CSRC) on Tuesday gave the green light to five securities companies to participate in the pilot program of margin trading and short selling as part of the efforts to expand the business to more qualified brokerages.
Hong Kong stocks closed 109.33 points higher, or 0.56 percent, at 19,487.48 on Tuesday.
The ChiNext Index, launched by the Shenzhen Stock Exchange last Tuesday, was down 2.31 points, or 0.22 percent, to close at 1067.15 points in Tuesday's trading.
China's stock index futures rose Tuesday with the contract for June, the most actively traded, up 0.72 percent from the previous trading day to end at 2,724.4 points.
Chinese stock markets closed up Tuesday, with the Shanghai Composite Index closed at 2,513.95 points, up 2.22 points, or 0.09 percent from the previous close.
Picking a soccer team now seems a lot more fun than picking a stock on the A-share market as the FIFA World Cup gets ready for its kickoff in South Africa on Friday.