AI-driven Hong Kong stock inflows from mainland China slow as investor options multiply

Mainland Chinese investors have slowed their purchases of Hong Kong-listed shares this year after last year’s record inflows, as more artificial intelligence investment opportunities have emerged in mainland markets, according to BNP Paribas. Southbound inflows via the Stock Connect cross-border system have reached about US$30 billion so far this year, a slower pace than 2025, when they hit US$180