UK shares list in China in a first for foreign companies

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London looks to remain a leading financial centre after Brexit

Shanghai Stock Exchange, China. Picture: REUTERS/ALY SONGBritain and China began selling shares in each others’ companies on Monday under a landmark deal, Britain’s treasury announced as London seeks to remain a leading financial centre post-Brexit.

The announcement on Monday was the centrepiece of the UK-China economic and financial dialogue, the treasury said. Hammond said: “London is a global financial centre like no other, and today’s launch is a strong vote of confidence in the UK market.

 

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