HONG KONG/SHANGHAI — Chinese investors are buying Hong Kong stocks at a record pace, and Alibaba Group Holding's inclusion in the Hong Kong Stock Connect program is expected to accelerate capital inflows.
On Aug. 28, the Chinese tech group went up for an initial listing on the Hong Kong market, a move to qualify for Stock Connect, which allows investors in Hong Kong, Shanghai and Shenzhen to trade certain stocks listed on each other's markets.