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Dion Global Solutions, technology partner to the financial services industry, has launched a new module within its NOVA suite to support the Shanghai – Hong Kong Stock Connect scheme.
The Shanghai Hong Kong Stock Connect programme is scheduled to commence in mid- October this year. For the first time it will allow people in mainland China to invest in foreign stocks and allow foreign investors to buy stocks in the Shanghai Stock Exchange through Hong Kong brokerage accounts, which are subject to an annual quota. This is a significant step in the development of China’s capital markets and its attempts to integrate further with the global financial community.
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Posted in: Indian Market Tips
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