Financial Secretary John Tsang concluded his Beijing visit today saying Central Government officials are positive Hong Kong-Shanghai Stock Connect will launch as soon as it is possible.
Speaking to the media in the capital, Mr Tsang said the launch is well prepared and Chief Executive CY Leung will also garner support from Mainland officials during the APEC summit.
During his meetings with officials, Mr Tsang raised his concerns the protracted Occupy Central protest will erode Hong Kong's rule of law, tarnish its international image, and weaken its competitiveness.
He said officials are also concerned, but are confident Hong Kong can handle the situation.
Mr Tsang asked that offshore renminbi business be further promoted in Hong Kong, and relayed the finance sector's hope to remove the daily $20,000 renminbi conversion limit and to expand the Renminbi Qualified Foreign Institutional Investor quota.
