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27 October 2014

Stock connect delay spooks Chinese markets

Stock connect delay spooks Chinese markets

Hong Kong Exchanges & Clearing (HKEx) said on Sunday that there remains no firm timetable for launching the so-called "through train", which directly links the two stock exchanges and is an major step in China's efforts to open up its capital market.

HKEx said it has not received the relevant approval for the launch of Stock Connect and noted that further announcements would be made as and when there were material developments on the timeline of launch.

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