The Hong Kong-Shanghai Stock Connect trading scheme will launch November 17, Reuters reported, citing mainland and Hong Kong regulators. The program was originally expected to launch on October 27, but that unofficial deadline passed, leading to speculation that the program might be held up by technical or political hurdles. Hong Kong Exchanges and Clearing (0388.HKG) CEO Charles Li said on Monday the tax regime for the trading link would be announced before the launch next week. Shanghai’s exchange said Monday regulators are ready to experiment with same-day settlement for stocks after a long freeze, which would put the two markets on the same settlement regime and eliminate a big operational mismatch.
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