Russia's Saint Petersburg Stock Exchange has announced it will allow the trading of 12 Hong Kong stocks from Monday, June 20, raising concerns that Russians may use Hong Kong to evade western sanctions. It remains unclear how the proposed cross-border stock trading can be done without the SWIFT. According to the SPB Exchange's announcement, brokers […]
Russia’s bourse to start trading HK stocks
Besides helping Russians diversify into Chinese assets, move might help Moscow evade Ukraine-focused sanctions
