(MENAFN- Qatar News Agency) ijing April 11 - China has taken a big step towards opening up its financial system to the rest of the world by allowing investors in Hong Kong to trade shares listed on the Shanghai stock exchange for the first time. The new regime unveiled by China's Premier Li Keqiang on Thursday will give global investors far easier access to companies listed in Shanghai while also furthering Beijing's efforts to internationalise its currency FT reported. In return Chinese investors will be able to trade more than 250 Hong Kong-listed shares offering them a rare foray into international markets. Li said the "stock exchanges connectivity mechanism" would "further promote two-way opening up and healthy development of the capital markets on the mainland and Hong Kong"
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