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Hong Kong stocks rose for a fourth day amid signs of capital inflows, ... Local markets were closed for a public holiday on Monday. Alibaba Group Holding climbed 1.5 per cent to HK$123.80, ...
Less than a week before Hong Kong’s vote, the US Senate advanced the bipartisan GENIUS Act, which also mandates 100% cash‑and‑T‑bill backing but punts leverage ratios to future rule‑making.
On Tuesday, Mainland investors bought the Hong Kong dip with $158 million of net buying via Southbound Stock Connect, which accounted for 53% of Hong Kong turnover.
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