The Hong Kong Stock Exchange reported on its biggest quarterly profit in almost four years after Chinese stimuli measures increased trading and included in quantity.
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Beijing-Kinene investors continental the crowd investors are on the Hong Kong shares market in record quantity because its technologically heavy Hang Seng Seng Seng index trade around a three-year maximum.
The net continental Chinese supply of stock in Hong Kong reached a record $ 29.62 billion in Hong Kong ($ 3,81 billion) on Monday, according to the Wind Information Database.
This was the highest since the shares market in Hong Kong launched its “Connect” program with the mainland, allowing local investors easier access to the selected number of shares traded at sea. Shanghai Connect was launched in November 2014, while Shenzhen Connect opened in December 2016.
The Hang Seng Seng Index traded about 0.7% lower Tuesday morning after a sharp sale of US shares overnight due to the care of the influence of tariff on global growth.
Net buys via Shanghai Connect Monday has reached almost 18 billion HKDs, while those from Shenzhen Connect reached 11.63 billion HKDs, data showed.
Shares that trade in Hong Kong Alibaba and StrikingBoth are not traded in continental China, they recorded the highest net purchase, according to wind data.
China confirmed its growth position last week Emphasis on plans support the private sector Tech innovationand increasing your fiscal deficit to a rare 4% gross domestic product – including the extended subsidy subsidy program.
Citi’s team Global Macro strategy upgraded his opinion on Chinese stocks on Monday – namely the Hang Seng China Enterprises index – at overweight, while the US reduced to neutral.
“One of the key reasons why we were not focused on Chinese shares is tariff risk,” analysts said.
“Ascascriging from this issue, we believe the case for China Tech was clear.
‘Cheap and in lower owners’ shares
Chinese and foreign institutional investors began to pile up in Chinese shares after Beijing began to announce more strongly stimuli plans at the end of September. Chinese capital received another incentive after the latest Deepseek model was encouraged at the end of January. In Hong Kong, larger technological companies are traded than in continental China.
Manishi Raychaudhuri, CEO of Emmer Capital Partners, said investors could soon enter the emergence markets, especially the Asian emerging markets, after global shares appeared from the current rout.
“I would say to a large extent that it would continue to be a larger cinema, which means that mostly Hong Kong, China. The shares are cheap and insufficient ownership,” Raychaudhuri told CNBC “Street signs of Asia“On Tuesday.
“We have seen a certain degree of increasing consumption in the form of what policy creators have done since January. It is not entirely that the market would want to have, but at least it is a deviation from the trend of many years,” he continued.
“So, exactly on my list, it would still be Hong Kong, China, Internet stock, large internet platforms, and also some of the names associated with consumption, mostly in Atleisure, restaurant stock and other names related to travel and tourism,” Raychauri said.
– Sam Meredith and Anniek Bao contributed to CNBC in contributing.
