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Sunday, April 12, 2015

'Stock Connect' buyers shun Hong Kong blue chips



MarketWatch.com - Financial Services Industry News http://feeds.marketwatch.com/~r/marketwatch/financial/~3/E4Jmsk-aYeU/story.aspx A surge of cash from mainland China into Hong Kong stocks has mostly found its way into companies little known to global investors, a development already starting to alter the city's market. Mainland investors have plowed a net 26.4 billion yuan ($4.25 billion) into stocks traded in the former British colony since Wednesday, sending shares of Hong Kong-listed Chinese companies skyrocketing and the city's share-trading volumes to record highs.


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