Dear Guangdong Provincial Party Committee Secretary Hu Chunhua,

Dear CSRC Chairman Liu Shiyu, Shenzhen Municipal Party Committee Secretary Ma Xingrui, SFC CEO Mr. Ashley Alder,

Distinguished Leaders and Guests, Ladies and Gentlemen,

Welcome you to Shenzhen Stock Exchange (SZSE) for the launching ceremony of Shenzhen-Hong Kong Connect and witness this historic moment of the Chinese capital market.

The CPC Central Committee and the State Council have attached great importance and offered kind support for Shenzhen-Hong Kong Connect Program. Under the unified leadership of China Securities Regulatory Commission (CSRC), SZSE, China Securities Depository and Clearing Corporation Limited (CSDC), Hong Kong Exchanges and Clearing Limited (HKEx) and Hong Kong Securities Clearing Company Limited (HKSCC) have made concerted efforts in close cooperation and jointly completed a series of preliminary preparations such as technical system development, rule-making, market organization and mobilization, international road shows and investor education. Today, our hard work has finally yielded fruits and we are here waiting for the exciting moment of the launch of Shenzhen-Hong Kong Connect. On this occasion, on behalf of all the staff of SZSE, I would like to express my heartfelt thanks to the CPC Central Committee, the relevant ministries and commissions under the State Council, the Mainland and Hong Kong regulators, Guangdong and Hong Kong governments, our peer organizations, market institutions, investors and news media for their strong support.

Four days ago, SZSE celebrated its 26^th birthday. Thanks to the attention and support from all parties concerned over the past 26 years, SZSE has made significant progress in all aspects. SZSE constantly improves its front-line supervision system, optimizes its core technical systems, enhances its risk control capability and steadily reinforces its foundation for reform, innovation and opening up. Up to date, there are 1848 listed companies on SZSE with a total market capitalization of RMB 23 trillion. All the main market indicators of SZSE are among the top bourses in the world. Listed companies have a distinctive feature of innovation and entrepreneurship and more than 70% of them are state-certified hi-tech enterprises. This fully reflect the positive results of the capital market serving the real economy, the remarkable results of transition and upgrading of China’s economic structure, the huge vitality and potential of China’s new economy.

As another sound step of China’s capital market towards internationalization, the launch of Shenzhen-Hong Kong Connect will further enhance the international competitiveness of the Mainland and Hong Kong markets and their abilities to serve the real economy. It is a memorable historic moment and also will mark a brand new historic starting point. After the launch of the Shenzhen-Hong Kong Stock Connect, we will strengthen close cooperation with all parties concerned, spare no efforts in ensuring the smooth operation of the program, give full play to our front-line supervisory function, jointly crack down on market manipulation, insider trading and other illegal activities and properly protect the legitimate interests of domestic and overseas investors. Standing at the new starting point, we will intensify front-line supervision, push forwards progress in rule system, product system, technology system and management system. In the process, we are able to accumulate experience, lay foundations and create conditions for further in-depth development of Shenzhen-Hong Kong cooperation.

All distinguished guests, the launch of Shenzhen-Hong Kong Stock Connect heralds a new era of full mutual access between the Mainland and Hong Kong markets. Shenzhen and Hong Kong are close neighbors separated only by a strip of water. The link between Shenzhen and Hong Kong is a link to the world, to hopes and to the future. We believe that under the strong leadership of the CSRC, SZSE, HKEx, CSDC and HKSCC will earnestly perform their duties and join hands to write new chapters of mutual market access.

Finally, I wish Shenzhen-Hong Kong Stock Connect a smooth launch and successful sailing forward.

Thank you.