April 23, 2020 / 8:32 AM / a month ago

China pushes forward launching east-bound leg of Shanghai-London Stock Connect in 2020

SHANGHAI (Reuters) - The Shanghai Stock Exchange said it will push forward with launching the east-bound leg of the Shanghai-London Stock Connect this year.

The bourse’s annual plan, published on its website on Thursday, contained a slew of plans for 2020.

The stock exchange also plans to roll out a cross-border scheme for corporate bonds, while it will improve policy reserves designed to deal with extreme market conditions in a bid to monitor and fend off major risks in the market, it said.

Reporting by Winni Zhou, Samuel Shen and Andrew Galbraith; Editing by Toby Chopra

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