Shenzhen-HK link to give a lift to startups

Stocks of high-technology and startup companies will likely get a boost with the planned launch of a trading link between the exchanges in Hong Kong and Shenzhen, home to many Chinese information technology and software enterprises.

The Shenzhen Stock Exchange has completed a plan for the program and started technical preparations for the trading link, which will allow investors in Shenzhen and Hong Kong to trade shares in each other's markets, according to Song Liping, general manger of the bourse.

This program follows the Shanghai-Hong Kong Stock Connect as part of China's drive to open its capital markets to overseas investors without fully liberalizing its capital account.