Shenzhen-HK stock link set to include all boards
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THE Shenzhen-Hong Kong Stock Connect scheme will include representative stocks from the main board, the small and medium-sized enterprises board and the ChiNext growth board, the general manager of the Shenzhen Stock Exchange said yesterday in Beijing.
“We initially will select some ChiNext stocks with relatively high market value, relatively stable performance, that are relatively good, with relatively active trading, and with burgeoning industries at the center,” Song Liping said on the sidelines of the annual session of the National People’s Congress, the top legislature.
She added that the scheme could be approved in the first half of this year and launched in the second half.
The plan still needs approval from the central government, although the chairman of the Shenzhen bourse said last month that the design was complete.
Premier Li Keqing has said the stock connect pilot would launch at an appropriate time.
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