For more insights in the inclusion of A share in MSCI, let's welcome Mr. Wang Jianhui, the general manager of R&D Dept. of Capital Securities.

Q1. Did the decision surprise you at all and why?

Q2. Do you think the remaining concerns -- like QFII repatriation requirements, would have been addressed by this time next year?

Q3. How soon do you expect the Shenzhen HK connect program to be released and what would it do for the markets?