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Shenzhen-Hong Kong Stock Connect finally gets green light for this year

Hong Kong Exchanges CEO Charles Li explains the long-awaited stock connect arrangement with Shenzhen. (Photo by Kenji Kawase)

HONG KONG -- An investment channel linking the stock exchanges in Shenzhen and Hong Kong is slated to open in the coming months, nearly two years after the launch of a similar link between Shanghai and Hong Kong.

China's State Council gave the nod to the long-awaited Shenzhen-Hong Kong Stock Connect program on Tuesday. In a notice posted on a government website, Chinese Premier Li Keqiang said that preparatory work had been completed.

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