CLEAN : Shenzhen Hong Kong stock connect goes live

The video discusses various topics, starting with initial thoughts and context setting. It then moves on to discuss regulatory decisions and their implications. The main focus is on the Stock Connect system, launched in 2014, which connects Shanghai and Shenzhen with Hong Kong, offering new investment opportunities. The system is a closed loop from a currency perspective, aiding internationalization. The video highlights the significance of the system and its potential to gain scale over time, with recent trading in Hong Kong showing a 10% turnover through the Connect system.

What does the phrase 'step along the way towards further internationalization' imply about the Connect system?

Discuss the challenges faced in gaining scale for the Connect system.