Huatai set to list shares in London

Brokerage to issue Global Depositary Receipts through new stock connect

Huatai Securities Co Ltd saw its shares climb by 1.19 percent on Wednesday, as investor sentiment rose over its plans to become the first mainland-listed company to also list on the London Stock Exchange.

On Tuesday night, the Shanghai-listed brokerage announced its board has passed a resolution to apply to issue Global Depositary Receipts trading on the main market of the London bourse.