Chinese investors are sinking cash into Hong Kong's stock market as protests escalate - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Chinese investors are sinking cash into Hong Kong's stock market as protests escalate

Investors are becoming less sensitive to updates on the city's protests, and many view the events as an opportunity to buy companies at a discount, Alphalex Capital Management managing director Alex Au told WSJ.

He added that more than half of the stocks listed in Hong Kong are mainland firms.over a proposed extradition law that would allow Hong Kong residents to be tried in mainland China. The legislation was viewed as a threat to Hong Kong's semiautonomous status, and though the bill was pulled in September, protests have continued. Most recently, hundreds of demonstrators

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines