December 29, 2017 / 8:44 AM / 25 days ago

China to make Hong Kong-listed H-shares fully tradable in pilot scheme

SHANGHAI, Dec 29 (Reuters) - China’s securities regulator said on Friday it will launch a pilot scheme that will convert non-tradable Hong Kong-listed equities of so-called H-shares into free-floating shares.

The China Securities Regulatory Commission (CSRC) told a press conference in Beijing that it will initially select up to three companies in the pilot scheme.

Reporting by Samuel Shen and Brenda Goh; Editing by Sam Holmes

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