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Traditional ChineseSimplified ChineseText onlyPDARSS
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November 3, 2007
Finance
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Through train scheme to be discussed

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The Central Government will seek Hong Kong monetary officials' views before making a final decision on the "through train" scheme for Mainland individual investors to invest in Hong Kong equity, Premier Wen Jiabao says.

 

Speaking to reporters in Uzbekistan today, Premier Wen said the Central Government needs to ensure the stability of Hong Kong's stock market.

 

Noting the Mainland has a lot of capital, Premier Wen said a scientific analysis is needed to assess the possible impact on Hong Kong if a large amount of capital floods into the city's stock market.

 

He added that more education is also needed for Mainland investors to know more about Hong Kong's market.

 

Secretary for Financial Services & the Treasury Professor KC Chan said since the scheme involves many aspects including risk management and system protection, it will take time for the Central Government to finalise the arrangements.



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