HONG KONG—The opening of a trading link between the Hong Kong and Shenzhen stock markets met with a muted response from investors. At the end of the trading day Monday, investors based outside China had piled around 2.71 billion yuan ($393.5 million) into the Shenzhen market—home to some of the country’s fastest-growing companies in sectors like technology, pharmaceuticals and consumer goods—while Chinese investors had put 850...
The first day of trading for Stock Connect, the new northbound link between Hong Kong and Shenzhen, was "muted", with CNY 2.71bn ($393.5m) invested in the Shenzhen market and CNY 850m into its Hong Kong counterpart. In a sign that investors are still nervous about China's stock market, shares on mainland China exchanges fell by more than 1% at one point before recovering to close down 0.4%.