Mainland Chinese investors net-buy Hong Kong stocks for fourth month, led by AI developers
Overview
Mainland Chinese investors net-bought 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 data from Wind cited by the South China Morning Post.
Net buying totaled HK$134.1 billion in the third quarter, and the report describes it as the fourth consecutive month of net buying.
The purchases concentrated in technology stocks, particularly AI model developers, while healthcare shares recorded the heaviest net selling.
Written by AI from the articles below · updated Oct 12, 10:09 PM ET
Check the sources:
Article timeline
The articles in this story. Times are ET.
- South China Morning Post · TechNewsMainland Chinese traders net-buy Hong Kong stocks for fourth month as AI bets surge
AIMainland 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.
Heat trend
Not enough continuous observations to show a trend yet.