Mutual recognition next, says CSRC's Xiao Gang

Apr 10, 2014

CSRC chairman Xiao Gang and Hong Kong's Laura Cha say mutual recognition of funds is imminent, following yesterday's unveiling of the linking of the Shanghai and Hong Kong stock markets.

Mutual recognition next, says CSRC's Xiao Gang

Yesterday China premier Li Keqiang rocked the Shanghai and Hong Kong stock markets by announcing they are now linked – but that is not the only news to come out of the Boao Forum for Asia, where he dropped his bombshell.

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