London stock link to debut soon

The highly anticipated Shanghai-London Stock Connect mechanism, first proposed in 2015, is likely to launch in early December, according to reports.

Shanghai Securities News reported the Shanghai Stock Exchange will start 24-hour technical debugging tests at securities brokerages from Oct 15 to mid November. Another three tests are scheduled from late October to late November covering business functions, business systems, emergency scenarios and fault detection.

An overall test is likely to take place at the start of December. If everything proceeds smoothly, the stock connect mechanism will start operation on Dec 3 at the earliest, according to Shanghai Securities News.