From CNBC: 2025-03-10 22:57:39

Hong Kong Stock Exchange reports highest quarterly profit in nearly four years due to China’s stimulus measures. Mainland Chinese investors flood into market with record purchases of Hong Kong stocks. Hang Seng Index trades near three-year highs. Alibaba and Tencent lead in net purchases. China maintains pro-growth stance with tech innovation plans.

Citi’s global macro strategy team upgrades Chinese stocks, downgrades U.S. due to tariff risks. Chinese and foreign institutional investors drive Chinese stock market surge after Beijing’s stimulus plans. Manishi Raychaudhuri of Emmer Capital Partners predicts influx of money into Asian emerging markets, particularly Greater China. Stocks in Hong Kong and China are seen as cheap and under-owned.

Investors anticipate further growth in consumption boost in Asian markets. Hong Kong and China remain top picks for investment, especially in internet platforms and consumer-related sectors. Policy changes in China since January signal potential investment opportunities in athleisure, restaurant, and tourism industries. Global tech sell-off and emergence of DeepSeek’s latest model impact market dynamics.

Read more: Mainland Chinese investors snap up a record amount of Hong Kong stocks