China unlikely to allow locals to trade HK stocks

State press has said domestic traders in China are unlikely to be allowed access to international stock markets soon.

Source: Channel News Asia

China's state press has said that domestic traders are unlikely to be allowed access to international stock markets anytime soon.

"Recent media reports that said QDII (Qualified Domestic Institutional Investors) will be launched in June are not true," said International Finance News, citing an unnamed official.

China's QDII scheme would allow local instit