Alibaba, HKEX attract Chinese investors as inflows to Hong Kong stocks surge

Quick Summary:

Net inflows blow past last year’s total in a buying rush ahead of the golden week’ holiday.

Stocks that offer high yields and companies in the travel industry that are sensitive to changes in the Chinese economy are some of their favourite picks, they added.

That helped propel overall turnover in Hong Kong to HK$505.8 billion, a record high.

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Article Details

Author / Journalist: Jiaxing Li

Category: Business

Markets: Hong KongChina

Topics: Hong Bought Kong Stocks Index Total Data Year Mainland According Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 18:00:07 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 294 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22787502

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