The long-awaited stock connection between Hong Kong and Shenzhen officially opened on Monday, with experts saying that the companies listed on the Shenzhen market will appeal to Hong Kong and overseas traders.
But southbound trading will be limited as Chinese mainland investors need time to get familiar with the Hong Kong stock market, experts added.
The launch of the Shenzhen-Hong Kong Stock Connect program was a "historic moment" for the integrated development of the Hong Kong and mainland stock markets, China Securities Regulatory Commission (CSRC) head Liu Shiyu said on Monday at the launch ceremony in Shenzhen.
Liu also said the link will inject "confidence and trust" into the financial markets at home and abroad, at a time when global financial markets are unstable.
The program follows the launch of the Shanghai-Hong Kong Stock Connect in November 2014 as a stock investment link between the mainland and Hong Kong.