China denied reports that a tie-up between the Shanghai and London stock exchanges has been halted. The operation of a stock link between the two exchanges has been normal since June, the China Securities Regulatory Commission said in a media briefing on Friday. The regulator has noticed some companies delaying issuance of global depositary receipts and respects their freedom to decide a time based on financing needs and market conditions, spokesman Chang Depeng said. “Shanghai London Stock Connect is an important initiative in China’s financial opening, it is instrumental in expanding cross-border investing and ... (full story)