exclusive | Hong Kong is the key to unlock China’s stocks, where global funds may in time own 25 per cent of market value, Charles Li says

• International investors owned 1.95 trillion yuan of A-shares in Shanghai and Shenzhen via Stock Connect, or 2.8 per cent of the capitalisation of the two mainland markets at the end of July
• Mainland Chinese investors owned HK$1.54 trillion of Hong Kong-listed shares at the end of July, or 3.8 per cent of the total, according to HKEX data