BOC sees 'limitless' opportunities

Clearer already granted trading settlement and yuan-clearing licenses in HK

Bank of China, one of the country's four major State-owned lenders, said the launch of the Shanghai-Hong Kong Stock Connect program offers strong long-term benefits to its business but any immediate profit boost is unlikely.

Its share price surged by the daily trading limit of 10 percent on Wednesday following the Chinese securities regulator's announcement that the much-anticipated program that links the mainland and Hong Kong equities markets will officially start trading on Nov 17.