Through train for equities to lift capital market sentiment
By Xie Yu | China Daily | Updated: 2014-06-24 07:07
Since the China Securities Regulatory Commission announced the rules for the Shanghai-Hong Kong Stock Connect program, institutions and investors have been gearing up for the new cross-border equity program, according to index provider MSCI Inc Managing Director Chia Chin-Ping.
The pilot plan, known informally as the "through train", may create a fairer, more flexible trading environment that will boost interest from global investors and lead to A shares being included in the most important global stock index, said Chia.
"Some investors view this new program as an access channel that has the potential to mitigate some of the market accessibility issues of the current systems," Chia said in Shanghai.
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