Stock link opens, joins two global capital hubs

The long-awaited Shanghai-London Stock Connect was finally launched in London early on Monday, offering more opportunities for British and Chinese financial institutions to buy into each others' economic development.

The connect, a two-way depository receipt mechanism, brings together one of the world's largest domestic capital markets - the Shanghai Stock Exchange - with one of the world's leading international markets - the London Stock Exchange.

Brokerage Huatai Securities became the first A-share company to list in Britain via the mechanism.