---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/38721602.md"
description: "From a market perspective, foreign capital is fleeing, and Stock Connect (for Hong Kong) is taking over. Market share is being severely eroded by Alibaba and JD.com. It won't die, but it's hard to save."
datetime: "2026-02-13T09:15:34.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38721602.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38721602.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38721602.md)
author: "[MR.sunshine](https://longbridge.com/en/profiles/17612900.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/38721602.md) | [繁體中文](https://longbridge.com/zh-HK/topics/38721602.md)


# From a market perspective, foreign capital is flee…


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