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.
Stock Connect inclusion could draw billions of dollars into e-commerce group's shares
The addition of Alibaba Group Holding in the Hong Kong Stock Connect could draw $12 billion in six months from the mainland, according to one estimate. © Reuters
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.