Chinese investors dump $2 billion in Hong Kong stocks on Wednesday, signaling the end of a tariff war

On Wednesday, Chinese investors sold about $469.26 billion in Hong Kong stocks, nearly a record, after signs that China and the US may negotiate tariffs. Despite this, the Hang Seng China Enterprises Index rose 2.3%, boosted by gains in technology and exporting companies. The sale is seen as profit-taking after recent record inflows. Chinese mutual funds still hold large positions in Hong Kong stocks, which are considered cheaper. The market has been supported by Chinese government stimulus and measures to stabilize the economy. Meanwhile, Asian markets also rose in the same session.