No commodity futures extension to Hong Kong Stock Connect
China will instead look to build futures trading onshore via the Shanghai Free Trade Zone
Plans by the Hong Kong Exchange (HKEx) to expand its Stock Connect programme to include commodity futures are set to be stymied by Chinese moves to only allow global firms access to its onshore futures markets via the newly minted Shanghai free trade zone (FTZ).
Since the launch of Stock Connect on November 17, HKEx chief executive Charles Li has been vigorously promoting the expansion of the current cash-only link to include derivatives and other asset classes. Speaking at a recent industry
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