Reported about 12 hours ago
Support from mainland Chinese investors is significantly increasing for Hong Kong stocks, helping reduce their valuation gap with mainland counterparts and indicating potential price rises. In February, southbound trading surged to about 24% of daily turnover, supporting a rally in Hong Kong stocks as Chinese traders buy shares of tech giants listed in the region. While these investments provide some stability during market volatility, experts warn that this capital influx may not be reliable in the long term.
Source: YAHOO