(Xinhua)
Updated: 2007-09-06 14:21

DALIAN -- Shang Fulin, head of China's securities market watchdog, said Thursday the amount of Chinese individual investment in the stock market of Hong Kong will be limited in the initial stage and will not have obvious impact on the A-share market of the mainland.

Shang, chairman of the China Securities Regulatory Commission (CSRC), said the commission is making more assessment and improvement on the specific regulations about individual investment in Hong Kong.

He also noted that the commission does not change its policies of supporting domestic companies to go public in Hong Kong stock market.

Shang made the remarks at the Inaugural Annual Meeting of the New Champions held in northeast China's coastal city of Dalian.

Convened by the World Economic Forum, the meeting opened on Thursday. Some of the world's top academics, business and political leaders - about 1,700 participants from over 90 countries and regions flew in yesterday to this scenic coastal city in Northeastern China.

Different from the forum's annual meeting at the Swiss winter resort of Davos, the meeting at Dalian is focused on newly emerging businesses and nations.