has fallen out of favor with mainland Chinese investors burned by volatility and sentiment-driven trading. Getting them back on side may prove elusive.
For the first time since 2021, onshore investors have sold Tencent shares on a net basis for two months in a row, according to Bloomberg’s calculations of exchange data. In July, mainland investors offloaded HK$2.9 billion through trading links between Hong Kong, Shenzhen and Shanghai exchanges.
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