According to the Hong Kong Economic Journal, the aggregate quota for the Hong Kong-Shanghai link will be removed, and only daily caps will be imposed on the Shenzhen program.

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“[Shenzhen-Hong Kong connect] has two positives: the first is it shows that this period of worry in Beijing about currency outflows has passed,” Erwin Sanft, a regional strategist at Macquarie, told the WSJ. “But in a more practical way, it opens up increased access to the China market.”

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