Chinese mainland investors’ fund flows into Hong Kong stocks have swung sharply,
with HK$27.4 billion ($3.5 billion) sold on Tuesday after HK$29.7 billion bought
the day before. The rapid in-and-out trades, mostly via large ETFs like the
Tracker Fund of Hong Kong, suggest short-term trading rather than long-term
positions, as investors seek hedging, liquidity, or bottom-fishing in sectors
like tech and healthcare. The Hang Seng Index has fallen about 10% since
January, prompting cautious and opportunistic ETF activity.