The Shanghai and Shenzhen exchanges plan to cease displaying real-time figures on purchases or sales of local stocks through trading links with Hong Kong
- The two bourses will provide the turnover details on a daily basis, along with the 10 most-traded stocks via the northbound channel
- The policy move is aimed at supporting confidence by removing a potential source of negative data.
- Chinese authorities said this aligned with international practices.
This comes as no surprise, it was announced as being in the works in mid-April.
News of the move coming hit on April 15 and it does not seem to have done Chinese stocks any harm.
