Dion Global solutions has gained around 5% on BSE after the company announced the launch of a new module within its NOVA suite to support the Shanghai - Hong Kong Stock Connect scheme.
The Shanghai - Hong Kong Stock Connect programme is scheduled to commence operations from mid-OCtober this year. It will allow people in mainland China to invest in foreign stocks and allow foreign investors to buy stocks in the Shanghai Stock Exchange through Hong Kong brokerage account, which are subject to annual quota. It is a significant step in the direction of integrating China's capital markets with global finance.
Dion is a financial services provider delivering compehensive range of solutions with presence in more than 80 countries.
The stock opened at Rs 96.5 abd hit a high of Rs 100 on BSE and around 1000 shares have changed hands so far. The company is not listed on NSE.
