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BackMainland Chinese traders boost Hong Kong stock buying for fourth month as AI bets surge
Mainland Chinese traders boost Hong Kong stock buying for fourth month as AI bets surge
NEWS
SCMP Tech1 hour agoBusiness1 min readChina

Mainland Chinese traders boost Hong Kong stock buying for fourth month as AI bets surge

southbound buyingstock connecttechnology stocks

Quick Look

Mainland Chinese investors bought more Hong Kong stocks than they sold for a fourth consecutive month in September, with net inflows reaching HK$60.8 billion, driven by technology shares, particularly AI model developers, while healthcare stocks saw heavy selling.

AI-generated summary

Why It Matters

Mainland Chinese investors have been net buyers of Hong Kong stocks via the Stock Connect programme for four consecutive months, with inflows increasing in September despite elevated US Treasury yields and oil prices.

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Southbound buying surges in September, with technology shares attracting the largest inflows

2 -MIN READ2 -MIN

Zhang Shidongin Shanghai

Published: 10:00am, 13 Oct 2026Updated: 10:01am, 13 Oct 2026

Mainland Chinese investors bought more Hong Kong stocks than they sold for a fourth consecutive month in September, with purchases accelerating despite persistent headwinds from elevated US Treasury yields and oil prices.

Onshore traders poured a net HK$60.8 billion (US$7.7 billion) into Hong Kong’s stocks via the Stock Connect programme last month, up from HK$10.4 billion in August, according to financial data provider Wind. Net buying reached HK$134.1 billion in the third quarter.

Mainland investors concentrated on technology stocks, particularly artificial intelligence model developers, while healthcare shares recorded the heaviest selling.

The inflows underscored mainland investors’ enthusiasm for Hong Kong stocks, particularly companies unavailable on China’s onshore markets, which remain more exposed to AI hardware makers.

What to Watch

AI outlook — possibilities, not facts

  • Mainland buying in Hong Kong stocks may continue into October if technology sector strength persists

    Possible · Within weeks

Open Questions

  • How long will the trend of mainland buying in Hong Kong stocks continue?
  • Which specific AI model developers attracted the most investment?
  • What is the outlook for healthcare sector selling pressure?

Related Topics

southbound buying
PeopleZhang Shidong
OrganizationsWind
PlacesShanghaiHong Kong
Topicsstock connecttechnology stocksai model developershealthcare sellingwind data
This article was originally published by SCMP Tech.

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