back to article London opens stock market for a tickling from Chinese tentacles

Companies listed on the UK stock market will effectively be able to offer shares to Chinese investors from today. The London-Shanghai Stock Connect will mean 260 eligible listed Chinese firms can offer shares in the UK, and UK-listed companies can sell their shares in Shanghai. The link is designed to allow companies to offer …

  1. steelpillow Silver badge
    Thumb Up

    Upbeat

    A deal likely to be massively more influential to international relations in the long run than Trump's short sighted light-sabre rattling.

    Further recognition that London is utterly unique as a global financial trading centre and the beating heart of the UK's massive "invisible" export earnings.

    1. Jemma

      Re: lightsabre rattling...

      Is that what he calls it?

      By the way he acts I'd think "tack" would be a better nickname.

      I wonder if you can get brain bleach on Amazon Prime.

      In other news, to paraphrase

      "So, now you see that evil will always triumph because humanity is dumb"

      Seriously - Hollywood couldn't make the last 3 years up even after enough amphetamines, magic mushrooms and LSD to give a blue whale a hangover - no one would think it was credible.

      I think I'm going to apply for species transition. It's just so bloody embarrassing being a human. I wonder if I can get funding on the NHS.

      I wish I could be a fly on the wall when someone tells the Shitgibbon about this - he's going to go completely librarian-poo!

      1. steelpillow Silver badge
        Coat

        Re: lightsabre rattling...

        "I think I'm going to apply for species transition. It's just so bloody embarrassing being a human. I wonder if I can get funding on the NHS.

        "I wish I could be a fly on the wall ..."

        I think the estates of André Delambre or Seth Brundle would be more able to help you than the NHS.

    2. Anonymous Coward
      Anonymous Coward

      This is a phony political spectrum: neither selling out to or provoking China are sensible strategies. But wisdom is too boring for those in control of the show and change is the name of their game.

  2. Pascal Monett Silver badge

    "deepen our global connectivity as we look outwards to new opportunities in Asia"

    Shanghai, a city directly governed by the central government.

    But, I thought there were "security issues" when dealing with Chinese companies ?

    Does this mean that the Shanghai Stock Exchange is immune to requests from Beijing ?

    Or does this just mean that, as usual, money talks and politicians can just stay out of the way ?

    1. Anonymous Coward
      Anonymous Coward

      Re: "deepen our global connectivity as we look outwards to new opportunities in Asia"

      What is so bad in your opinion for a city to be directly governed by a central government ? I don't see it being turned into ruins or people living there in absolute poverty.

      1. Yet Another Anonymous coward Silver badge

        Re: "deepen our global connectivity as we look outwards to new opportunities in Asia"

        Because it could one day fall to socialism. You wouldn't want London to become like Singapore

    2. Mark 85

      Re: "deepen our global connectivity as we look outwards to new opportunities in Asia"

      Does this mean that the Shanghai Stock Exchange is immune to requests from Beijing ?

      Perhaps a tad more independent. China seems to not interfere too much since is a financial gateway for them.

    3. steelpillow Silver badge
      Trollface

      Re: "deepen our global connectivity as we look outwards to new opportunities in Asia"

      "I thought there were "security issues" when dealing with Chinese companies ?"

      "Does this mean ..."

      ...that Huawei are providing the hardware?

  3. Anonymous Coward
    Anonymous Coward

    Tickling from Chinese tentacles

    I now can't get an image of Ken Dodd with a squid stuck on his head out of my head...

    1. Jemma

      Re: the Dodd Squid

      I now have a mental image of Ken Dodd copping off with a nudist Dalek... In a Ford Mondeo estate... In a car park in deepest darkest Sheffield.

      I will never be the same again.

      It's like the inverse image of that zombie film with Richard Briars and a machine gun..

      To quote

      "Richard Briars with an Uzi is like Halle Berry with a strap-on. You never thought it'd happen, but you are so very glad that it did"

      This is. The. Exact. Opposite. It's like swapping Anne Widdecombe for Halle Berry. Only worse.

      1. phuzz Silver badge
        Unhappy

        Re: the Dodd Squid

        Why did I read this comment? I feel soiled....

  4. Anonymous Coward
    Anonymous Coward

    China escape

    As Chinese can buy shares in UK companies will make it easier for Chinese to get money out of China before their economy which is built on dodgy accounting collapses

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