At the financial market summit held yesterday, Ren Zhigang, President of the Hong Kong Monetary Authority of China, said that he hoped to implement the Hong Kong Stock Direct Train as soon as possible in the policy of gradually realizing the convertibility of capital account and orderly outflow of funds. He said that the risks of the Hong Kong stock direct train plan can be effectively controlled. The HKMA has submitted relevant opinions, but there is no timetable for the formal implementation of the plan at present.
Business Daily reporter Du Gang/Wen Lian