Surprise setback for London Connect

摘要

The launch of the long-awaited Shanghai-London Stock Connect scheme has been delayed by unspecified technical issues, dealing a setback to China's ambitions to connect to the world's financial markets. Huatai securities, which had been due to mark the launch of the trading link with a US$1bn offering of global depositary receipts in London, postponed bookbuilding from early last week even after receiving the green light from Chinese regulators on November 30.