Commenting on the launch of the Shanghai-London stock connect, City of London Corporation Policy Chair Catherine McGuinness said:

”The hugely ambitious Shanghai-London stock connect has been one of the most highly anticipated bilateral initiatives in recent years. It could prove to be a gamechanger in deepening UK-China financial cooperation and expanding access to China’s capital markets.

“Innovation is key to London maintaining its position as a leading international financial hub.

“Linking one of the world’s largest capital markets with one of the world’s most international financial centres is good news for the UK, China and the wider global economy. It means global investors can now benefit from China‘s growth through London, while UK listed companies are able to access Chinese investors directly.”