Outflow of overseas money from Hong Kong stocks raises alarm

Market risks losing international presence as mainland investors take bigger role

20241129N hong kong stock exchange

Mainland investors are picking up stocks on the cheap in Hong Kong after overseas and local investors sell them. (Photo by Ken Kobayashi) 

KENSAKU IHARA, Nikkei staff writer

HONG KONG -- The Chinese government is showing a sense of alarm over the outflow of foreign money from the Hong Kong market -- its bridge to the outside financial world -- and the effect that could have on mainland companies listed there.

UBS strategist Angus Chan projected earlier this week that the benchmark Hang Seng Index will reach 20,000 at the end of 2025, corresponding to flat full-year returns.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.