December 4, 2018 / 5:18 AM / 15 days ago

China's Huatai Securities to list in London on Dec 14 under Shanghai-London Connect

SHANGHAI, Dec 4 (Reuters) - Chinese brokerage Huatai Securities plans to list on the London Stock Exchange on Dec 14. via the Shanghai-London Stock Connect, a source with direct knowledge of the plan said.

Huatai will soon publish a prospectus to issue Global Depositary Receipts (GDRs), said the source.

Huatai’s London listing would mark the launch of the long-awaited cross-border stock connect scheme between Shanghai and London.

Reporting by Samuel Shen and John Ruwitch; Editing by Kim Coghill

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