Hong Kong Stocks Are About to Lose Biggest Source of Funds
- Hong Kong’s stock connect trading link shut Feb. 9 to 17
- $48 billion worth of Hong Kong stocks bought in 2021 via links
This article is for subscribers only.
Hong Kong’s stock traders are about to find out whether the $7.3 trillion market can hold its own without its biggest source of flows.
Starting Tuesday, trading links via Hong Kong’s exchange operator allowing mainland traders to buy domestic stocks will halt through Feb. 17 due to the Lunar New Year holiday. The stock connect closure will slam the brakes on record levels of inflows that helped propel Hong Kong’s equities market to its best start to a year since 1985.