Chinese investors may make up a third of HK trades in 3 years
Inflow of Chinese money especially in the small-caps market could displace Western investors within 5 years
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Shanghai
CHASING higher returns in a slowing economy, Chinese investors could soon dominate Hong Kong's stock market, likely redefining how shares, especially small-caps, are traded and priced there.
Chinese money will account for a third of Hong Kong's stock trading turnover in three years, up from a tenth now, UBS and other brokers predict. Some traders say it could hit 50 per cent within five years.
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