SHANGHAI — Mainland Chinese investors have poured a record 680 billion yuan ($94.8 billion) into the Hong Kong stock market so far this year, helping boost its gains in contrast to a lackluster performance at home.
Net buying of Hong Kong stocks via the stock connect program, which enables mainland and Hong Kong investors to trade designated shares in each other’s markets, doubled in the first six months from the previous year, according to data provider Wind Information. The tally is already approaching the 744 billion yuan recorded for the full year in 2024.