Behind the leading global stock market gains in Hong Kong
After all, most of the companies in the Hong Kong stock market are not local Hong Kong enterprises. They lack local currency holders, and the main participants are foreign and domestic investors. Foreign investors who make money will eventually convert it to US dollars, while mainland Chinese investors who make money will ultimately end up with Chinese yuan. Hong Kong stocks are often unloved by parents, with overseas and Chinese policies, good news not reflected, and bad news fully reflected
After all, most of the companies in the Hong Kong stock market are not local Hong Kong enterprises. They lack local currency holders, and the main participants are foreign and domestic investors. Foreign investors who make money will eventually convert it to US dollars, while mainland Chinese investors who make money will ultimately end up with Chinese yuan. Hong Kong stocks are often unloved by parents, with policies from overseas and China being positive but not reflected, and negatives being fully reflected