(Bloomberg) -- Chinese investors bought an average 2.4 billion yuan ($360 million) of Hong Kong stocks a day in October via the two exchange links with the mainland, the most for any month since the Shenzhen Connect started on Dec. 5, Bloomberg data and calculations show. Mainland investors piled in as sentiment improved after the Hang Seng Index hit its highest in nearly a decade, according to Linus Yip, chief strategist with First Shanghai Securities. Still, overall gains were muted, with the benchmark Hong Kong gauge adding 2.5 percent in the month.
To contact Bloomberg News staff for this story: Amanda Wang in Shanghai at twang234@bloomberg.net, Amy Li in Shanghai at yli677@bloomberg.net.
To contact the editors responsible for this story: Richard Frost at rfrost4@bloomberg.net, Will Davies
©2017 Bloomberg L.P.
With assistance from Amanda Wang, Amy Li
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