Chow Hin Slams Hong Kong's Financial Chiefs for Not Understanding the Market as HK Stocks Rely on Southbound Funds
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On 29 October 2026, Ming Pao Daily published a commentary by Chow Hin. Chow Hin said Hong Kong's financial authorities and the senior management of the Securities and Futures Commission and the exchange completely do not understand the market, causing the stock market to be handed over to the United States, with the entire younger generation switching to trade US stocks. He said Hong Kong stocks are now supported only by southbound funds from mainlanders who are strictly barred from trading US stocks, otherwise Hong Kong stocks would long have been finished.
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- 明報·每日經濟Chow Hin: Fintech Talk but No Clear Grasp of the Big Picture
Chow Hin says Hong Kong's financial authorities, along with senior officials at the Securities and Futures Commission and the exchange, completely fail to understand the market, handing the stock market to the US on a platter, while the younger generation has all switched to trading US stocks. He says the Hong Kong market is now sustained only by southbound funds from mainland investors who are strictly barred from trading US stocks; otherwise Hong Kong stocks would long since have been finished.
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