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Lacklustre showing by Shanghai- Hong Kong stock connect

While the Shanghai- bound flows were heavier early on, Hong Kong-bound flows have disappointed from the start, a sales equity trader with a European bank said.

Hong Kong

A MONTH after China opened up its equity markets in a landmark trading link with Hong Kong, demand has been subdued and the bulk of activity has come from short-term speculative investors.

The authorities had hoped mutual and pension funds and private banks would form the...