This aerial photo taken on December 19, 2018 shows a general view of the skyline of Hong Kong. The rally in Hong Kong dual-listed Chinese internet stocks exceeded yesterday’s US rally, which could lead to further gains in the US shares today. Mainland investors agree with me as semis had a very strong day along with the STAR Board’s gain of +4.59%. Healthcare had a strong day in both Hong Kong and the Mainland along with clean technology plays with the EV ecosystem outperforming. Southbound Stock Connect volumes were high as Mainland investors sold -$594mm of Mainland stocks as Southbound trading accounted for 13% of Hong Kong turnover.

Source: Forbes July 29, 2021 14:15 UTC