The market is boiling! DeepSeek ignites a buying frenzy in Hong Kong stocks, Hong Kong banks face cash shortages

Zhitong
2025.02.19 07:08
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The demand for Hong Kong stocks has surged, leading to tight interbank liquidity and prompting Hong Kong banks to borrow the largest amount of overnight cash from authorities in over five years, reaching HKD 5.5 billion. Analysts point out that the tightening of liquidity is due to strong demand for Hong Kong stocks, which is expected to remain tight in the short term. Mainland Chinese investors purchased HKD 22.4 billion worth of Hong Kong stocks on Tuesday, marking the highest single-day purchase volume since 2021