Stock Connect delayed amid 'Occupy' rumours
Hong Kong's exchange has confirmed the postponement of the Shanghai-Hong Kong trading link, with no future launch date specified. Some are linking the delay to the pro-democracy protests.
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Bank of America-Merrill Lynch has tipped the Shanghai-Hong Kong Stock Connect to launch by the end of the year after Hong Kong’s exchange confirmed rumours that it would be delayed. This came amid speculation that the city’s pro-democracy protests have influenced the decision (which government officials have denied).
A late-evening announcement on Sunday said the bourse “has not received the relevant approval for the launch of Stock Connect, and there is no firm date for its imple…
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