Earlier today at the Bo'ao Forum, Premier Li Keqiang announced a pilot programme to connect the Shanghai and Hong Kong stock markets, putting in motion mutual market access between the Mainland and Hong Kong for the very first time. The programme was approved in principle earlier today by the China Securities Regulatory Commission and the Securities and Futures Commission in Hong Kong.
The programme is a major breakthrough in the opening up of China's capital market and a great milestone for Hong Kong as an international financial centre. Mutual market access will bring exciting new opportunities to our financial industry and enable Hong Kong to take another step forward in its role as a vital link between China and the world.
For more details, please see the joint announcement.