Hong Kong is attracted to mainland capital, not its equities

Financial institutions in Hong Kong are offered an opportunity to invest in mainland stocks but the impact on the A-share market will be limited, experts say.

Hong Kong is attracted to mainland capital, not its equities
A Chinese investor checks stock market prices at a brokerage firm in Huaibei City (Imaginechina)

Six years ago, a widely anticipated policy that was to allow Chinese mainland investors to invest in Hong Kong stocks sent the city's share prices soaring sky high. But the opening of a reverse route is likely to receive the cold shoulder from cross-border investors.  

Allowing Hong Kong residents to trade A-shares won't have much impact on the domestic equity markets, according to Chen Li, head of China equity strategy at UBS....

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