8 major opening-up measures recently launched by China
chinadaily.com.cn |
Updated: 2018-05-04 06:55
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Mainland-HK stock connects to see hectic trading activity
The daily northbound quotas for each of the Shanghai and Shenzhen stock connect programs will be expanded fourfold to 52 billion yuan ($8.27 billion) from 13 billion yuan starting from May 1, People's Bank of China Governor Yi Gang told a panel discussion at the Boao Forum for Asia on April 11.
The daily quota for southbound trading, which allows investors in the Chinese mainland to buy Hong Kong stocks, will be boosted to 42 billion yuan from 10.5 billion yuan.
