Oct 19 — CSRC Chairman Wu Qing said at the Financial Street Forum authorities
will accelerate inclusion of RMB-denominated trading counters and REITs into the
Shanghai-Shenzhen-Hong Kong Stock Connect. Ping An Securities noted Stock
Connect has operated for over 10 years with two-way stock coverage above 90%.
Inclusion of RMB counters would remove one FX conversion step for overseas
investors and likely boost willingness to hold RMB assets; adding REITs would
fill a key cross-border product gap and further expand allocation space for
investors in both markets.