Shanghai Stock Exchange deputy GM Yuan Duoran said the exchange has deepened
interconnectivity and broadened cross-border products under the Shanghai–Hong
Kong Stock Connect. Authorities have removed aggregate quota limits, expanded
daily quotas, added equity ETFs to the eligible list and tightened disclosure
rules. The Stock Connect universe now covers about 90% of Shanghai market
capitalization. Average daily turnover on Shanghai Stock Connect rose from CNY
4.7 bln in its opening month in 2014 to CNY 101 bln last year.