2019年CRI 沪伦通正式启动

Under the new system, companies listed in Shanghai can now raise funds on the London Stock Exchange via Global Depositary Receipts issuance, while British companies can issue China Depositary Receipts on the Shanghai Stock Exchange.

The China Securities Regulatory Commission said this marks a crucial step in the opening up of China's capital market and in the China-Britain cooperation in the financial sector¹.

City of London Corporation Policy Chair Catherine McGuinness described the stock connect as a game changer for bilateral² financial cooperation.

"The hugely ambitious Shanghai-London stock connect has been one of the most highly anticipated bilateral initiatives in recent years. It could prove to be a gamechanger in deepening UK-China financial cooperation and expanding access to China's capital markets."

She noted³ that it would be of far-reaching significance to expand channels for cross-border investment and fund-raising and boost the development of both countries' capital markets.

"Linking one of the world's largest capital markets with one of the world's most international financial centres is good news for the UK, China and the wider global economy. It means global investors⁴ can now benefit from China's growth through London, while UK listed companies are able to access Chinese investors directly."

Currently, the quota⁵ for eastbound business is set at 250 billion yuan, while that for westbound business stands at 300 billion yuan.

China and Britain agreed to carry out a feasibility study on a stock connect between London and Shanghai during the 7th China-Britain Economic and Financial Dialogue in 2015.

For CRI, I'm Liang Tao in London.

在沪伦通机制下，在上海上市的公司现在可以通过全球存托凭证保险在伦敦证券交易所进行融资，而英国公司现在也可以在上交所签发中国存托凭证。

中国证监会表示，这是中国金融市场开放的关键一步，也是中英两国在金融领域合作的重要一步。

伦敦金融城政策与资源委员会主席孟珂琳表示，沪伦通将改变双边金融合作。

“雄心勃勃的沪伦通是近年来备受期待的双边举措之一。它可以成为加深英中金融合作、扩大中国资本市场准入的一项变革。”

她指出，这对于拓宽跨境投资融资渠道、推动两国资本市场发展有着深远影响。

“将世界上最大的资本市场之一与世界上最国际化的金融中心之一连接起来，对英国、中国和更广泛的全球经济来说都是好消息。这意味着全球投资者现在可以通过伦敦从中国的增长中受益，而在英国上市的公司可以直接接触到中国的投资者。”

目前，沪伦通的东向业务总额度为2500亿元人民币；西向业务总额度为3000亿元人民币。

中英两国早在2015年第七次中英经济财金对话上就同意进行沪伦通可行性研究。

CRI新闻，梁涛（音译）伦敦报道。

1 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

2 bilateral   

adj.双方的，两边的，两侧的

参考例句：

• They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
• There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

3 noted   

adj.著名的，知名的

参考例句：

• The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
• Jim is noted for arriving late for work.吉姆上班迟到出了名。

4 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

5 quota   

n.（生产、进出口等的）配额，（移民的）限额

参考例句：

• A restricted import quota was set for meat products.肉类产品设定了进口配额。
• He overfulfilled his production quota for two months running.他一连两个月超额完成生产指标。