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FS hails landmark measure

November 27, 2016

Financial Secretary John Tsang has hailed the launch of Shenzhen-Hong Kong Stock Connect as a landmark measure.

 

The China Securities Regulatory Commission and the Securities & Futures Commission of Hong Kong announced last week their approval of the official launch of the stock connect on December 5.

 

Speaking to the media before departing for Beijing today, Mr Tsang said the stock connect, coupled with the mutual recognition of funds arrangement between the Mainland and Hong Kong introduced earlier, will further accelerate the internationalisation of the renminbi.

 

He added that his Beijing visit is a regular business trip.



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