Hong Kong Exchanges & Clearing has confirmed to Euromoney that it has set up a working group jointly with the Shanghai Stock Exchange “to review the arrangements for simultaneous listings”.
A spokesman for HKEx paints a positive picture of what the ICBC listing achieved, saying it “further demonstrated the strength of the H-share market [Chinese entities listing in Hong Kong] in terms of fund-raising capacity” and that it “showed regulators and exchanges in Hong Kong and on the mainland are committed to cross-border cooperation”.
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