London Stock Exchange Group today welcomes Huatai Securities

London Stock Exchange Group (LSEG) today welcomes Huatai Securities, the technology-enabled securities group in China, as the first issuer using Shanghai-London Stock Connect. Huatai Securities has been admitted to trading on the Shanghai Segment of the Main Market of London Stock Exchange. 

LSEG welcomed Philip Hammond MP, Chancellor of the Exchequer, and Hu Chunhua, Vice Premier of the State Council of the People's Republic of China, along with representatives from Huatai Securities to open the London market to celebrate the listing and to mark the first day of the UK-China Economic and Financial Dialogue.  

Huatai Securities raised US$1.54 billion through the sale of global depository receipts (GDRs) to international investors. The proceeds will be used to support the growth of its international business and strengthen its capital position. This is the first time that international investors have been granted access to China A-Shares on an exchange outside Greater China using international trading and settlement practices. Trading of GDRs is available on London Stock Exchange’s International Order Book. London Stock Exchange is home to over 2000 issuers from more than 100 countries. 

Zhou Yi, Chairman & President, Huatai Securities:
"Shanghai-London Stock Connect is the first of its kind to directly link the Chinese and European markets and a strategic component of China's capital markets opening up. The programme offers us access to one of the deepest and most influential capital markets in the world and provides fungibility between the GDRs and the A Shares. The offering will improve our core competitiveness by supporting the growth of our international business, further expanding our overseas footprint, and strengthening our capital position. We are pleased to be the first issuer to tap this new market of enormous potential and unprecedented opportunity."

Don Robert, Chairman, LSEG:
“We are deeply honoured to welcome Vice Premier Hu Chunhua and Chancellor of the Exchequer Philip Hammond to open the London Stock Exchange this morning to mark the launch of Shanghai-London Stock Connect. We congratulate Huatai Securities, the first issuer to start trading through Shanghai-London Stock Connect. Shanghai-London Stock Connect brings together two of the world’s largest capital markets, allowing established Chinese issuers to raise capital from London’s global liquidity pool and global investors to access China A-share instruments from outside Greater China. Established London-listed issuers will now also benefit from access to China’s deep capital markets.    

“We appreciate the support of both the Chinese and British authorities and our partnership with Shanghai Stock Exchange, which have been instrumental in bringing this ambitious project to fruition today. All parties see the long-term benefits for companies, investors and the global economy in establishing a trading link between our two markets.”   

To find out more about Shanghai-London Stock Connect, click here.

Full details of the relevant rules can be found at: Shanghai-London Stock Connect - Useful Assets.

Quick facts

Track
Market: Main Market
Instrument market cap (£m)
17,585.86
Listing/Admission to trading
17 Jun 2019
Looking for new and recent issues?

More recent

79.44
London Stock Exchange welcomes the listing of Almalia Sanlam Active Shariah Global Equity UCITS ETF

London Stock Exchange has welcomed the listing of Almalia Sanlam Active Shariah Global Equity UCITS ETF (ticker: AMAL). 

The Almalia Sanlam Active Shariah Global Equity UCITS ETF (the ETF) will launch via the HANetf platform and will be the world’s first active global equity Shariah-compliant ETF .

Almalia has selected Sanlam Investments UK to manage the assets of the E

Learn more
76.52
London Stock Exchange welcomes Various Eateries PLC to AIM

London Stock Exchange today welcomes Various Eateries (VARE) to AIM. 
 
Various Eateries owns, develops and operates restaurant sites in the United Kingdom. The Group's stated mission is "great people delivering unique experiences through continuous innovation". It is led by a highly experienced senior team including Andy Bassadone (Executive Chairman), Hugh Osmond (Foun

Learn more
96.16
London Stock Exchange welcomes Qatar National Bank celebrating its inaugural sustainable Green Bond

London Stock Exchange today welcomes the Qatar National Bank (“QNB Group”) issuing their USD 600 million 1.625% note due September 2025 on London Stock Exchange’s Main Market. The deal was 3 times oversubscribed, receiving orders of $1.8bn from global and dedicated ESG investors.

This transaction makes QNB Group the first issuer from Qatar to issue a green bond, in line with its susta

Learn more
London Stock Exchange Group celebrates City Giving Day 2020

Launched in 2015, City Giving Day is The Lord Mayor’s Appeal’s annual celebration of philanthropy and giving in the City. It’s a great time to reflect on everything that City businesses are doing for local communities and charities. This year it will be more important than ever, as many charities and organisations are finding that their funding is being impacted and will be reliant on businesse

Learn more