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First Day of Hu-Gang Tong Scheme Implementation Attracts 10 Bil. Won

First Day of Hu-Gang Tong Scheme Implementation Attracts 10 Bil. Won

SEOUL, Nov. 18 (Korea Bizwire) – On the first day of the implementation of the Shanghai-Hong Kong Stock Connect, or “Hu-Gang Tong” scheme, Korean investors put more than 10 billion won in the account. According to Bloomberg and other financial news sources on November 17, the daily net-buying limit of 13 billion yuan (US$2.12 billion) for Shanghai A [...]

Korean Investors Flock to Hong Kong Stock Markets ahead of Hu-Gang Tong Implementation

Korean Investors Flock to Hong Kong Stock Markets ahead of Hu-Gang Tong Implementation

SEOUL, Oct. 28 (Korea Bizwire) – Ahead of the implementation of the Shanghai-Hong Kong Stock Connect, or “Hu-Gang Tong,” the volume of direct investment in stock markets in the Greater China Region by Korean nationals is rising rapidly. Accordingly, most of the Korean investment in overseas stock markets has focused on the Hong Kong stock market. Hu-Gang [...]