- Southbound trading accounts for 46% of daily turnover in Feb.
- Mainland investors now own almost 12% of Hong Kong shares
Mainland Chinese investors’ support for Hong Kong stocks is growing, helping to ease their valuation discount to onshore peers and indicating the city’s shares may rise further.
Southbound trading accounted for about 46% of the average daily turnover in February, versus about one-third a year ago, according to Bloomberg-compiled data.
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