Chinese investment flows to Hong Kong through the Stock Connect programme have hit a record high as mainland capital drives a revival of the territory’s equities market.
About HK$820bn (US$104bn) of Chinese money has been invested this year through Stock Connect, which links the mainland’s stock exchanges to Hong Kong’s, surpassing last year’s record inflow of HK$807.9bn.
The surge in investment has helped end a post-Covid slump in Hong Kong’s financial markets and underlines how the city’s fortunes have become increasingly dependent on policy in Beijing and on Chinese capital.
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