For all the hyperbole surrounding the launch on Monday of Stock Connect there is a distinct sense that China is keen to manage expectations about just how big of a bang this is likely to be – even though it is undeniably the biggest development in the opening of China’s capital market for years.
在圍繞今天啟動的“滬港通”(Hong Kong-Shanghai Stock Connect)的種種夸張言辭中,一個明顯的感覺是中國正急于管理人們的預期,防止人們對其可能產生的爆炸性后果做過度解讀——盡管它毫無疑問是多年來中國資本市場開放進程中的最大進展。
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