HONG KONG – Average daily turnover of Hong Kong's stock market stood at a record 319.1 billion Hong Kong dollars (about $40.69 billion) in June, pointing to higher market liquidity, data from the Securities and Futures Commission (SFC) of Hong Kong showed.
Average daily turnover in the first half of this year hit HK$283 billion, up 13 percent from a year earlier, said a Thursday report from the SFC.
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This was supported by the brisk exchange-traded products (ETPs) market in Hong Kong, with the average daily trading of ETPs soaring 32 percent year on year, the SFC said.
Southbound trading through Shanghai-Hong Kong and Shenzhen-Hong Kong stock connects had broken a record with a 34-month streak of net buying by the end of June, the data showed
