Chinese regulators vow to expand stock connect in further market opening

Expanding stock connect programme link with Hong Kong among other steps

Chinese regulators vowed to accelerate the opening up of its capital markets and deepen reforms to attract more foreign investors.

The regulator will expand the scope of investments allowed in the stock connect program link with Hong Kong, and allow foreign investors to trade more commodities futures products, China Securities Regulatory Commission Vice Chairman Fang Xinghai said at the China International Financial Annual Forum 2020 on Sunday in Beijing.

Officials are planning to announce revised rules on qualified foreign institutional investors as soon as possible to increase their “willingness and confidence” to invest in China, he said. Foreigners currently hold