The stock exchanges in Shanghai and London still work together on stock exchange listing. There is no question of an interruption, according to the Chinese market regulator CSRC in a reaction to media reports that Beijing would have suspended cooperation.
Earlier, based on insiders, it was reported that the Chinese government would temporarily suspend cooperation. Britain’s attitude to the Hong Kong protests allegedly hit the Chinese in the wrong direction.
The stock exchange companies have been working together since last year on the Shanghai-London Stock Connect project. This offers the possibility for Chinese companies to have a double listing in London, while investors in mainland China have access to British listed companies. The cooperation was intended as a way to strengthen the economic ties between Great Britain and China. The financial markets in China were thus further opened to foreign investors.