Open for Business: HK-Shanghai Link Begins Trading

The video discusses the relief in markets following a policy change exempting foreigners from capital gains tax in China. The trading floor at Credit Suisse is bustling with activity as orders are placed. The focus is on northbound and southbound trading activities, with significant interest in Hong Kong stocks like Tencent and Lenovo. The video highlights investment opportunities and the impact of these developments on the market.

What was the significant policy change by Chinese policymakers that impacted the market?

• Ban on foreign investments

• Introduction of a new trading platform

• Exemption of foreigners from capital gains tax

• Increase in interest rates

What percentage of brokers expect the northbound activity to be fully utilized?

• 90%

• 60%

• 81%

• 50%

Which direction of trading activity involves money flowing from Hong Kong to Shanghai?

• Southbound

• Northbound

• Eastbound

• Westbound

Which of the following companies is mentioned as a potential target for mainland investors?

• Amazon

• Tencent

• Google

• Apple

According to Morgan Stanley, what does the connect provide an entry point to?

• New China stocks

• Old China stocks

• American stocks

• European stocks