Opinion sought on stock connect rules

The top securities regulator is seeking public opinion on rules relating to the Shanghai-London Stock Connect, a further step to promote the long-awaited program bridging China with the international capital market. It is expected to roll out this year.

The regulator is soliciting opinion on rules that cover a variety of details regarding listing and transactions on the stock trading link program between China and Europe, according to Chang Depeng, a spokesman with the China Securities Regulatory Commission.

The rules include issuance standards for Chinese Depository Receipts, related regulations for CDR applications, and regulatory arrangements for the issuance of global depository receipts on foreign bourses by listed Chinese companies, according to Chang.