Locked-up HK shares to become globally tradable
China's top securities regulator will introduce policies to allow all shares of Hong Kong-listed mainland companies to be traded in the overseas markets, an official from the China Securities Regulatory Commission said on Monday.
According to the existing Chinese regulations, the locked-up shares held by domestic investors in those companies - the State, the domestic institutions, the management and so on - are restricted from trading in the overseas markets.
The would-be change would make the mainland companies listed in Hong Kong "companies of all-tradeable shares", as they are called by the Chinese press.
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