HONG KONG/SHANGHAI -- Mainland China investors have been buying Hong Kong equities at a record pace, and the inclusion of Alibaba Group Holding in the Hong Kong Stock Connect program is expected to quicken the capital outflows.
The Chinese tech group on Aug. 28 upgraded to a primary listing on the Hong Kong market, a step toward being eligible for Stock Connect, which lets investors in Hong Kong, Shanghai and Shenzhen trade designated shares listed in each other's markets.
