New connect widens investors' options
By Xinhua | China Daily | Updated: 2016-05-09 07:52
The Shenzhen-Hong Kong Stock Connect slated to launch sometime later this year will make China's equity market more accessible to global investors seeking exposure to China's fast-growing companies.
The stock connect to the bourse in the southern Chinese boomtown Shenzhen offers global investors an opportunity to diversify into China's tech and service companies, which has proved much more resilient to slowing growth in the world's second-largest economy.
"The Shenzhen exchange has a far more diverse mix of companies that reflects China's new consumer and tech-driven growth prospects," said Gao Ting, chief of China equities strategist at UBS Securities.
Photo