IT staff and brokers from various financial firms including Kingston Financial group (1031.HKG) and Guotai Junan International holdings (1788.HKG) worked on overdrive last weekend to fully test the exchange links between the Shanghai and Hong Kong stock markets, Bloomberg reported, citing various financial companies. A total of 96 brokers, which handle 80% of Hong Kong’s trading volume, participated in the connectivity test. The tie-up, which allows a net RMB23.5 billion (US$3.8 billion) of daily cross-border purchases, gives international investors a new route to buy Chinese stocks while helping Hong Kong bolster its status as a gateway to mainland markets.
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