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China investors use full daily quota of HK stocks for first time
Published Wed, Apr 8, 2015 · 09:50 PM
Shanghai
CHINESE investors, for the first time, on Wednesday used the entire 10.5 billion yuan (S$2.29 billion) daily investment quota granted for buying Hong Kong stocks under the Hong Kong-Shanghai Stock Connect scheme.
The buying boosted the Hang Seng Index, which soared more than 3.7 per cent. The Hang Seng China Enterprises Index of Hong Kong-listed mainland companies was up 5.7 per cent for the day.
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