Friday, March 09, 2007

China Markets: Hong Kong, Shanghai need joint trading system

Hong Kong, Shanghai need joint trading system, official says

A senior Chinese official suggested that the Hong Kong and Shanghai exchanges should establish a system for joint trading of dual-listed securities. Fang Xinghai, deputy director of the Shanghai government's Financial Services office, said such a plan would ensure that Shanghai prices reflected international markets, and would put pressure on the mainland to improve corporate governance.

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electronic exchange, trading system, markets, STP, China, stock market

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