During a recent media interview in Shanghai, a local journalist asked me why foreign investors were piling into the Chinese domestic market. It was a pertinent question. In the first eight weeks of the year, Chinese mainland equity markets saw a nearly US$17bn inflow through the “stock connect” corridor with Hong Kong — the largest consecutive inflow since the launch of the programme in November 2014.
不久前在上海接受媒體採訪時，一位當地記者問我，爲什麼外國投資者紛紛湧入中國國內市場。這是一個切題的問題。今年頭8周，近170億美元資金經由內地與香港之間的「交易互聯互通」(stock connect)通道流入了內地股市——這是該機制自2014年11月啓動以來最大的連續流入。
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