beginning of this year, Chinese

Why is the Hong Kong market so favored by Mainland capital? Behind this is clear policy guidance. Since the beginning of this year, Chinese regulators have continuously signaled a loosening of controls on cross-border capital flows through “window guidance”. Although cross-border capital flows are still managed under a macroprudential framework, in the context of undervalued Hong Kong stocks and the relatively high risk of renminbi depreciation, some capital has been implicitly allowed to flow southward, operating more flexibly within compliance boundaries. In February 2024, the Guangdong-Hong Kong-Macau Greater Bay Area’s “Cross-border Wealth Management Connect” หนังใหม่2025