$中概互联网指数ETF-KraneShares(KWEB)$ $腾讯控股(00700)$ $小米集团-W(01810)$
在与首席中国策略师刘xx（Kinger Lau)聊天时，他说他现在正被客户的电话和要求轰炸。大家都争着要加中国。平台对冲基金，区域多头，甚至配置者都在询问中国。
#DeskObservations HK/CHINA
-WHO's BUYING?
Seeing continued global LO inflows which seems to be related to China with Hang Seng nowoutperforming S&p, Seeing
multitude of LOs buying with foreign large asset managers most active, EM specialists andregional managers less active.
Today's move further solidifies foreign buying being the main driver of Hang Seng asSouthbound is closed today for holiday.
*WHAT IS BEING BOT?
Buying being concentrated in large cap index constituents, out top buys are AIA(1299 HK)Meituan (3690 HK), and Tencent
(700 HK). Suspect some underweight managers are looking to quickly get on someChina positioning and hence the focus on
large liquid index constituents, yet to see proper stock picking from these LOs(l do expect this to come).
-WHY BUY NOW?
Still the most common question from investors. Seeing multiple brokers recently upgrade China andparticularly China
Property (including BofA), many brokers now highlighting the worst is now behind us. Recent yolatilityin markets like Japan
and Us, investors could be looking for inexpensive diversification for their port folio ihfHk/chiha.