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Why Favor Hong Kong Stocks Over A-shares?

Goldman Sachs cites strong southbound capital. Goldman notes that the influence of southbound investors in the Hong Kong market is growing, with their shareholding and trading proportion reaching record highs. So far this year, net southbound capital inflows have surpassed $59 billion, far exceeding last year’s $41 billion. At the current pace, this could set a new annual record.
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