07-07-2023, 01:59 PM
https://www.globaltimes.cn/page/202307/1293522.shtml
Net inflow of "northbound capital" - overseas money flowing into China's A-share market through the Hong Kong Special Administrative Region (HKSAR) - exceeded 180 billion yuan ($24.8 billion) in the first half of 2023, up 155.33 percent year-on-year, underscoring overseas investors' solid confidence in the Chinese economy.
The rapid growth also highlighted the HKSAR's growing role in linking global investors to the Chinese mainland market, further boosting the city's status as an international financial hub, analysts noted.
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Net inflow of "northbound capital" - overseas money flowing into China's A-share market through the Hong Kong Special Administrative Region (HKSAR) - exceeded 180 billion yuan ($24.8 billion) in the first half of 2023, up 155.33 percent year-on-year, underscoring overseas investors' solid confidence in the Chinese economy.
The rapid growth also highlighted the HKSAR's growing role in linking global investors to the Chinese mainland market, further boosting the city's status as an international financial hub, analysts noted.
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