Hong Kong Landscape kranesharesKey NewsAsian equities were mixed with Hong Kong and China sharply lower. There is talk that this article was interpreted as a potential ban on Hong Kong and China investments, leading to panic selling from local investors in both Hong Kong and China. By my calculation, this was the largest volume day ever in Hong Kong. Stock investors are always looked down upon by math guru fixed-income investors. Mainland investors sold $163mm of Hong Kong stocks today as Southbound trading accounted for 15.1% of Hong Kong turnover.

Source: Forbes July 27, 2021 14:26 UTC