The value of Hong Kong stocks bought by Chinese mainland investors has exceeded the value of the stocks they sold for 16 consecutive weeks, the longest streak for around a year and a half, said Caixin.
Amid volatility on the Hong Kong stock market, there has been a net inflow of mainland capital to the bourse via the Stock Connect programs.
The total size of the net inflow, which is calculated by subtracting the value of stocks sold from the value of stocks bought, reached HKD 129 billion ($16.4 billion) since the streak began in mid-May, as of Thursday, according to Caixin’s calculations based on data from data provider CEIC and Hong Kong Exchanges and Clearing Ltd., which operates the Hong Kong bourse.
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