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沪港通是一个长期制度安排,初期只要求能够平稳运行,后续仍将对这一制度进行完善。更为重要的是,沪港通打开了一扇门,从制度层面迈出了资本账户开放进而实现人民币国际化的关键性步伐。2014年11月17日,沪港股票市场交易互联互通机制试点(沪港通)开通仪式在上海、香港同时举行。伴随沪港通试点正式启动,沪港两地证券市场成功实现联通。然而,试点初期规模相对有限,有些冷场,而且一度出现“北热南冷”的局面。
Shanghai-Hong Kong Stock Connect is a long-term institutional arrangement that initially required only smooth operation and will continue to improve the system in the future. More importantly, Shanghai-Hong Kong Stock Connect opened a door at the institutional level and took the crucial step toward capital account liberalization and RMB internationalization. On November 17, 2014, the opening ceremony of the Shanghai-Hong Kong Stock Exchange Pilot Scheme (Shanghai-Hong Kong Stock Connect) was held in Shanghai and Hong Kong at the same time. Accompanied by the official launch of the Shanghai-Hong Kong Stock Connect, the securities markets in Shanghai and Hong Kong succeeded in realizing China Unicom. However, the initial scale of the pilot was relatively limited, with some cold spots and once the situation of “hot northern heat” appeared.