HONG KONG/LONDON (Reuters) – China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, five sources told Reuters. Suspending the Shanghai-London Stock Connect scheme casts a shadow over the future of a project meant to build ties between Britain and China, help Chinese firms expand their investor base and give mainland investors access to UK-listed companies. The sources, who include public officials and people working on potential Shanghai-London deals, all said that politics was behind the suspension. …read more
Source:: Yahoo Finance
