Our reporter Wu Lei talks with Wang Jianjun, the president and CEO of Shenzhen Stock Exchange on the market link with Hong Kong.

What are the major features of underlying stocks under the Shenzhen-Hong Kong stock connect program?

"The two Stock Exchanges and regulators have agreed on 881 underlying stocks for the Shenzhen Stock Exchange. They account for around 71 percent of Shenzhen stock exchange's total value. And for about 60 percent of its trade volume. 60 percent of these underlying stocks are consumer-product, high-tech, and information-technology stocks while the remaining 40 percent come from traditional industries like finance and manufacturing. In general, these underlying stocks represent the pillars of the Shenzhen Stock Exchange, and also meet the demands of global investors," Wang said.

What opportunities will this bring to the Shenzhen Stock Exchange, after the official launch of the Shenzhen-Hong Kong stock connect program?

"This is the first time we have the chance to reach global investors. And more importantly, it is a great opportunity for the listed companies at Shenzhen Stock Exchange. Because in the future these listed companies will be dealing with global investors, not only domestic investors. That is to say these listed companies will have more financing opportunities from global investors. This is a very significant change, which will impact shareholder structure and bring more benefits," Wang said.

How will this launch boost the opening up of China's capital market?

"As far as the link is concerned, the Shenzhen Hong Kong stock exchange link is very different from the Shanghai-Hong Kong link because there is no overall quota. That is quite significant. It shows the confidence and determination of our capital market and the opening up of national finance. And more importantly, it will add another channel to attract foreign investment. It supports the internationalization of the RMB and growth of Hong Kong's International Financial Center. Capital markets in Hong Kong, Shanghai and Shenzhen are joining together to make China's capital markets more competitive," Wang said.

What are the next steps for the internationalization process of the Shenzhen stock exchange?

"We are now discussing cooperation with other Stock exchanges on a number of projects, including: the cross-listing of products, information exchange, and staff training. We hope to expand from Shanghai, Shenzhen and Hong Kong to eventually establish global connect programs," Wang said.