China market opens up
The opening up of China’s investment markets took another step in November 2014 with the launch of the Shanghai-Hong Kong stock connect scheme.
The opening up of China’s investment markets took another step in November 2014 with the launch of the Shanghai-Hong Kong stock connect scheme. This allows non-Chinese investors to access China’s mainland shares through the Hong Kong stock exchange and gives corresponding access for Chinese investors to Hong Kong shares via Shanghai. At this stage quotas apply, but the move, together with a cut in Chinese interest rates, saw the Shanghai market index rise.
The value of your investment and the income from it can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance.
The value of foreign currency denominated assets can rise or fall against sterling’s value.
The information in this article does not constitute advice and should be used for informational purposes only. This content has been provided to Helm Godfrey by Taxbriefs.