Hong Kong Stocks, Surging Yields Both Face Reality Check

By Charlie Zhu, Bloomberg markets live reporter and strategist

Three things we learned last week:

1. Hong Kong’s benchmark stock index declined, even as mainland investors continued to pour money into the market. The Hang Seng Index fell 1.1% last week, despite so-called southbound flows of HK$61.6 billion, triggering speculation that local or global funds may have left the market instead.