Chinese stock investors pour record $95bn into Hong Kong in first half
Markets
Stock connect flows show diverging performance between territory and mainland
Earlier in the year, excitement over a homegrown artificial intelligence boom fueled investment from the mainland into big tech stocks listed on the Hong Kong Exchange. © Reuters
WATARU SUZUKI
SHANGHAI -- Mainland Chinese investors have poured a record 680 billion yuan ($94.8 billion) into the Hong Kong stock market so far this year, helping boost its gains in contrast to a lackluster performance at home.
Net buying of Hong Kong stocks via the stock connect program, which enables mainland and Hong Kong investors to trade designated shares in each other's markets, doubled in the first six months from the previous year, according to data provider Wind Information. The tally is already approaching the 744 billion yuan recorded for the full year in 2024.
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