“Starting on Monday, investors anywhere in the world will able to purchase shares of companies listed on the Shanghai Stock Exchange. It’s yet another sign that China is opening up its economy.  Previously, only a select group of institutional investors that met certain qualifications had access to Shanghai’s $2 trillion market.  The bad news is the new program, known as the Shanghai-Hong Kong Stock Connect Program, is a bit clunky for everyday U.S. investors.  A typical American can only buy shares in Shanghai by first going through a broker in Hong Kong who then must go through the Hong Kong Stock Exchange, which is linked to the Shanghai Exchange.”

http://money.cnn.com/2014/11/11/investing/china-stocks-market-open-up/

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy