Hong Kong to roll out investor IDs by mid-2018

It will allow regulators to see who's trading listed stocks.

According to Bloomberg, a long-awaited system that will allow regulators to take a closer look at who’s trading mainland-listed stocks from Hong Kong will start in the middle of next year, according to the city’s top securities regulator.

An investor identity mechanism for the stock link from the former British colony into mainland China will “by and large” reach the asset manager level, according to Ashley Alder, chief executive officer of the Securities and Futures Commission.

Read the full report here.