Vital step to be made on share link with UK

Shanghai-London deal to enable investors to trade stocks on each other's markets

The launch of a trading link between the Shanghai and London stock exchanges will mark an important step in China further opening its capital market to international investors and will also attract long-term overseas capital, which will help stabilize the Chinese market, analysts said on Monday.

China and the United Kingdom have moved a step closer to launching the trading link by completing the feasibility study, according to senior officials of the two countries at the ninth China-UK Economic and Financial Dialogue held in Beijing over the weekend.