China's top securities regulator on Friday denied media reports about the suspension of the stock trading connect between Shanghai and London.

"Reports saying that China has suspended the Shanghai-London stock connect are untruthful," said Chang Depeng, spokesman of the China Securities Regulatory Commission at a regular news conference.

Chang said that the stock connect is an important effort by China to open its capital market and to expand cross-border investment and financing.

Reuters reported on Thursday that China had suspended the Shanghai-London stock scheme over political tensions with Britain.