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China money to Hong Kong market tripled in 2019 amid protests

Mainland investment offset international capital flight

HONG KONG -- Purchases of Hong Kong stocks by mainland investors tripled in value on a net basis last year, as Chinese bargain hunters propped up the financial hub amid the massive anti-government protests.

Chinese investors bought 249.3 billion Hong Kong dollars ($32 billion) more in equities than they sold in 2019, an infusion that helped offset the exodus of international funds from the territory.

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