Advertisement Continue reading the main storyTwo of China’s highest-profile financial liberalization projects involve Hong Kong. Rather, the programs are drawing Chinese investors like Alex Nie, who says the mainland’s stock market lacks bargains. What China has brought to the Hong Kong stock market is “very much a herd mentality,” said Andrew Clarke, the head of trading in Hong Kong at the Mirabaud Group. Photo“Hong Kong Stock Connect has increased the volatility level of both Shanghai and Hong Kong markets,” he said. “In Hong Kong, everyone, both in China and overseas, can buy the stock and become our shareholder,” he said.

Source: New York Times April 30, 2017 18:22 UTC