Chief Executive CY Leung says he is working towards the launch of the Shanghai-Hong Kong Stock Connect, which will allow mutual stock market access between the Mainland and Hong Kong.

Briefing reporters before the Executive Council meeting today, Mr Leung said the Stock Connect will benefit Hong Kong’s economic development and the Mainland’s financial sector, and both the Hong Kong Government and the central authorities attach great importance to it.

He hopes their joint efforts can achieve the Stock Connect launch as soon as possible.