Who gains most from the Hong Kong-Shanghai stock exchange link?

China’s Stock Connect scheme, set to kick off next week, offers benefits to both Hong Kong and mainland China. But one side will likely gain a bit more from the new system.

Hong Kong -- As the initial October starting date for the Shanghai-Hong Kong Stock Connect “through train” came and went, local officials began anxiously lobbying Beijing. But Monday morning, Hong Kong’s stock exchange announced, at last, the launch date of Monday, Nov. 17.

The long-awaited go-ahead for the scheme to allow direct trading of shares between Hong Kong and Shanghai came after a reported meeting between Hong Kong chief executive CY Leung and Chinese President Xi Jinping.


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