The Hong Kong Exchanges and Clearing flag, China's national flag and the Hong Kong flag outside the exchange. Photo: Reuters/Bobby Yip
The Hong Kong Exchanges and Clearing flag, China's national flag and the Hong Kong flag outside the exchange. Photo: Reuters / Bobby Yip

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 […]

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