AI-driven Hong Kong stock inflows from mainland China slow as investor options multiply

Wave of listings provides more ‘pure-play’ AI investment options across mainland and Hong Kong exchanges, BNP Paribas says

“Investors are still positive on China’s AI story,” said Jason Lui, head of Asia-Pacific equity and derivative strategy, adding that the difference this year was that they had “more options to express those views”.

As a result, investors were increasingly shifting from broad index exposure to more selective bets on individual companies, reducing the need to rely on Hong Kong-listed internet stocks as proxies for the AI theme, according to the bank.

The slowdown in southbound inflows also reflected a higher base after last year’s surge, said Kenny Tang Sing-hing, chairman of the Hong Kong Institute of Financial Analysts and Professional Commentators.

Source: News - South China Morning Post