Mainland Chinese investors have been the biggest supporters of Hong Kong stocks during the past year amid questions over the city's future as a global financial center. © EPA/Jiji

Hong Kong stocks roar into 2021 on surge of investment from China

Mainland buyers help boost cheaper shares of locally listed H-share companies

NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent

January 25, 2021 07:10 JST

Updated on January 25, 2021 18:14 JST

HONG KONG -- One of the world's biggest laggards in major global stock indexes in 2020 is the best performer so far this year, thanks to a deluge of Chinese money. Hong Kong's Hang Seng Index on Monday closed above 30,000 points for the first time in 20 months as a rally since late December powered by investors in mainland China gains momentum.