China Investors Pile Into Hong Kong Stocks Through Link: ChartBy
The stock connect between Shanghai and Hong Kong enjoyed a bumper day on Tuesday, with southbound volume -- orders from the mainland into Hong Kong Exchanges & Clearing Ltd.’s market -- hitting a 13-month high. Chinese investors used up 2.6 billion yuan ($403 million) of their daily quota for buying Hong Kong shares, the most since April 23, 2015, according to data compiled by Bloomberg. The Hang Seng Index rose 1.2 percent, the biggest gain in almost a month.
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