Made-In-China Label a Must for Chinese Bourse Link Investors
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Four months after Chinese equity investors got unprecedented leeway to send their money outside mainland markets, the only thing they seem interested in buying is more Chinese shares.
Stock purchases by mainland investors through the Shanghai-Hong Kong exchange link are concentrated in Chinese brokerages, banks and state-backed companies whose shares trade in the former British colony. Hanergy Thin Film Power Group Ltd., which gets more than 99 percent of its sales from China, was the most-purchased stock through the connect in Hong Kong during February, according to the latest monthly exchange data.