“It probably took years to agree upon the framework and the infrastructure for this,” Mike Werner, an analyst at UBS Global Research, said of the stock link. “So to go through that process with ultimately the end result being only six listed companies – I don’t know if that’s a return on investment that they would have travelled down, had they known about ultimately the potential lack of demand.”
The world has become more divided since the listing of Huatai Securities in 2019 marked the introduction of the stock connect in London. China’s CSI 300 Index was the world’s best performer among major stock benchmarks that year, while the UK was preparing to leave the European Union. The London bourse hailed the start of the programme as a “significant…
