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S T O C K
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By far, the best known is the Shanghai-Hong Kong
Stock Connect and the related Shenzhen-Hong Kong
Stock Connect. Founded at the end of 2014 - with
the Shenzhen component switched on two years
later - it has become an institution in its own right
despite troubles in the participating markets, with
weakness in A shares since 2015 and turmoil in
Hong Kong in 2019.
“I think the Hong Kong Connect has been
extremely successful,” says Jean-Paul Linschoten,
head of client China strategy for equities at HSBC.
Total turnover on the Northbound Hong-Kong-
to China leg broke RMB 9 trillion last year, a new
68 // TheTRADE // Spring 2020
“As foreign investors become
a more significant part of
the market, they will need
to develop similar oversight
and monitoring tools as other
countries.”
JEAN-PAUL LINSCHOTEN, HEAD OF CHINA
CLIENT STRATEGY FOR EQUITIES, HSBC