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CN Investors Buy Large Amt of HK Stocks; Southbound Fund Net Purchases $35.9B Tdy, Setting All-time High
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Today (15th), southbound capital net purchases reached $35.9 billion, setting a new all-time high. According to data compiled by Bloomberg since the end of 2016, today's southbound capital scale surpassed the previous record of $35.6 billion set in April following US President Donald Trump's announcement of sweeping global tariffs. The HSI closed down 249 points or 1% at 25,220 today. The HSCEI shed 89 points or 1% to close at 9,039. The HSTECH ebbed 32 points or 0.6% to close at 5,543. Turnover was $312.687 billion. Southbound capital inflows reached $940 billion YTD, putting it on track for an annual record, as mainland Chinese investors' interest in Hong Kong stocks increased due to their cheaper valuations and the rise of DeepSeek, which boosted the appeal of tech companies. AAStocks Financial News Website: www.aastocks.com |
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