Mainland traders are bullish on Hong Kong stocks even as other investors head for the exit. Photo: Bloomberg
Hong Kong stock market
Mainland traders ride on high risk appetite to snap up Hong Kong stocks at unprecedented pace
- Chinese investors have spent US$35.7 billion buying Hong Kong shares this year through the Stock Connect programme, the most in the same period since 2016
- Strong southbound inflows add to speculation about state buying to defend Hong Kong’s position as a financial centre
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Hong Kong stock market
Mainland traders are bullish on Hong Kong stocks even as other investors head for the exit. Photo: Bloomberg