
The 24.6 billion yuan withdrawal extended the selling streak to five weeks as mainland investors shifted toward domestic AI and semiconductor stocks.
China-listed Hong Kong equity ETFs recorded a record 24.6 billion yuan, or $3.7 billion, in weekly outflows, extending the run of withdrawals to five straight weeks and 10 of the past 12. The selling indicates mainland investors are trimming Hong Kong exposure through exchange-traded funds while rotating toward domestic stocks, particularly AI and semiconductor names. That shift may point to a broader change in investor confidence and China's economic priorities.