Hong Kong crypto concept stocks rebound, a certain exchange (01499.HK) rises over 5%
Jinse Finance reported that Hong Kong-listed cryptocurrency concept stocks rebounded, with a certain exchange (01499.HK) rising over 5%, Yunfeng Financial (00376.HK) up more than 4%, and other stocks such as Boyaa Interactive (00434.HK) and Huajian Medical (01931.HK) also following the upward trend.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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