Mainland Chinese traders net-buy Hong Kong stocks for fourth month as AI bets surge

Mainland Chinese investors bought a net HK$60.8 billion (US$7.7 billion) of Hong Kong stocks via Stock Connect in September, up from HK$10.4 billion in August, according to Wind. Net buying reached HK$134.1 billion in the third quarter, with purchases concentrated in technology stocks, particularly AI model developers. Healthcare shares recorded the heaviest selling.