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China's Huatai Securities plans to list in London on December 14: source

Reuters  |  SHANGHAI 

SHANGHAI (Reuters) - Chinese brokerage Huatai Securities plans to list on the London Stock Exchange on Dec. 14 via the Shanghai-London Stock Connect, a person with direct knowledge of the plan said.Shanghai-listed Huatai, which counts Alibaba as a strategic investor, will soon publish a prospectus to issue Global Depositary Receipts (GDRs) in London, said the person, who is not authorised to speak to the media.Huatai's London listing will mark the launch of a long-awaited stock "connect" scheme between Shanghai and London. The scheme allows companies publicly traded in Shanghai and London to ...

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First Published: Tue, December 04 2018. 12:38 IST