Photographer: Qilai Shen/Bloomberg

Chinese Investors Buy Most Hong Kong Stocks in 11 Months

Chinese investors bought an average 2.4 billion yuan ($360 million) of Hong Kong stocks a day in October via the two exchange links with the mainland, the most for any month since the Shenzhen Connect started on Dec. 5, Bloomberg data and calculations show. Mainland investors piled in as sentiment improved after the Hang Seng Index hit its highest in nearly a decade, according to Linus Yip, chief strategist with First Shanghai Securities. Still, overall gains were muted, with the benchmark Hong Kong gauge adding 2.5 percent in the month.

— With assistance by Amanda Wang, and null

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