Why mainland China investors are finding better returns abroad than in Hong Kong
Published . Updated .
Key takeaways
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QDII funds tied to energy, US, Japanese and South Korean assets outperformed, while Hong Kong-focused products trailed.
Directly affected
- No company is named in this report.
Indirectly affected
- DIA SPDR Dow Jones Industrial Average ETF+0.2% 16d
SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “investors” (the broad US market) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it is a broad US stock-market fund. Linked by “investors” (the broad US market) in this story.
- EWH iShares MSCI Hong Kong ETF-3.1% 30d
iShares MSCI Hong Kong ETF holds stocks listed in Hong Kong, which this story is about (“hong kong”).
- FXI iShares China Large-Cap ETF-3.4% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- SIMO Silicon Motion Technology-27.2% 30d
Silicon Motion Technology (semiconductors and related devices) is one of the largest Hong Kong-based companies traded in the US, so news about Hong Kong (“hong kong”) reaches its shares.
- MLCO Melco Resorts & Entertainment-11.7% 11d
Melco Resorts & Entertainment (hotels and motels) is one of the largest Hong Kong-based companies traded in the US, so news about Hong Kong (“hong kong”) reaches its shares.
- PRE Prenetics Global
Prenetics Global (pharmaceutical preparations) is one of the largest Hong Kong-based companies traded in the US, so news about Hong Kong (“hong kong”) reaches its shares.
- BABA Alibaba Group Holding-8.2% 10d
Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DIA | +2.15% | -1.84% | base | -0.22% | after close | after close | after close |
| QQQ | +2.50% | -2.74% | base | +1.99% | after close | after close | after close |
| EWH | +0.67% | +0.28% | base | -0.62% | after close | after close | after close |
| FXI | +0.49% | +1.53% | base | -1.35% | after close | after close | after close |
| SIMO | +8.12% | -3.57% | base | +9.06% | after close | after close | after close |
| MLCO | +4.20% | -0.44% | base | -0.88% | after close | after close | after close |
| PRE | -7.21% | -8.30% | base | +0.00% | after close | after close | after close |
| BABA | +2.57% | +6.58% | base | -1.13% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Why mainland China investors are finding better returns abroad than in Hong Kong South China Morning Post
Source: South China Morning Post
Price since this story was published: Ishares China Large-Cap Etf (FXI)
| Company | When | Move | Status |
|---|---|---|---|
| Alibaba Group Holding (BABA) | that day | -1.13% | still updating |
| Alibaba Group Holding (BABA) | three days earlier | +6.58% | final price |
| Alibaba Group Holding (BABA) | five days earlier | +2.57% | final price |
| DIA | that day | -0.22% | still updating |
| DIA | three days earlier | -1.84% | final price |
| DIA | five days earlier | +2.15% | final price |
| Ishares Inc Msci Hong Kong Index Fd (EWH) | that day | -0.62% | still updating |
| Ishares Inc Msci Hong Kong Index Fd (EWH) | three days earlier | +0.28% | final price |
| Ishares Inc Msci Hong Kong Index Fd (EWH) | five days earlier | +0.67% | final price |
| Ishares China Large-Cap Etf (FXI) | that day | -1.35% | still updating |
| Ishares China Large-Cap Etf (FXI) | three days earlier | +1.53% | final price |
| Ishares China Large-Cap Etf (FXI) | five days earlier | +0.49% | final price |
| Melco Resorts & Entertainment (MLCO) | that day | -0.88% | still updating |
| Melco Resorts & Entertainment (MLCO) | three days earlier | -0.44% | final price |
| Melco Resorts & Entertainment (MLCO) | five days earlier | +4.20% | final price |
| PRE | that day | 0.00% | still updating |
| PRE | three days earlier | -8.30% | final price |
| PRE | five days earlier | -7.21% | final price |
| QQQ | that day | +1.99% | still updating |
| QQQ | three days earlier | -2.74% | final price |
| QQQ | five days earlier | +2.50% | final price |
| Silicon Motion Technology (SIMO) | that day | +9.06% | still updating |
| Silicon Motion Technology (SIMO) | three days earlier | -3.57% | final price |
| Silicon Motion Technology (SIMO) | five days earlier | +8.12% | final price |
Who gains and who loses around Ishares China Large-Cap Etf (FXI)
Companies mentioned with this story
- FXI Ishares China Large-Cap Etf
In “Why mainland China investors are finding better returns abroad than in Hong Kong,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
- EWH Ishares Inc Msci Hong Kong Index Fd
For “Why mainland China investors are finding better returns abroad than in Hong Kong,” Ishares Inc Msci Hong Kong Index Fd (EWH) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Hong Kong ETF holds stocks listed in Hong Kong, which this story is about (“hong kong”)
- BABA Alibaba Group Holding
Alibaba Group Holding (BABA) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Why mainland China investors are finding better returns abroad than in Hong Kong.” Reason on file: Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares
- NTES NetEase
NetEase (NTES) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Why mainland China investors are finding better returns abroad than in Hong Kong.” Reason on file: NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares
- JD JD.com
JD.com (JD) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Why mainland China investors are finding better returns abroad than in Hong Kong.” Reason on file: JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares
- BIDU Baidu
In “Why mainland China investors are finding better returns abroad than in Hong Kong,” Baidu (BIDU) is linked, with no stored direction, medium confidence. Reason on file: Baidu (computer programming, data processing, etc.) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares
- SIMO Silicon Motion Technology
For “Why mainland China investors are finding better returns abroad than in Hong Kong,” Silicon Motion Technology (SIMO) is linked, with no stored direction, medium confidence. Reason on file: Silicon Motion Technology (semiconductors and related devices) is one of the largest Hong Kong-based companies traded in the US, so news about Hong Kong (“hong kong”) reaches its shares
- MLCO Melco Resorts & Entertainment
In “Why mainland China investors are finding better returns abroad than in Hong Kong,” Melco Resorts & Entertainment (MLCO) is linked, with no stored direction, medium confidence. Reason on file: Melco Resorts & Entertainment (hotels and motels) is one of the largest Hong Kong-based companies traded in the US, so news about Hong Kong (“hong kong”) reaches its shares
Ishares China Large-Cap Etf (FXI)
Ishares China Large-Cap Etf (FXI) is the company in “Why mainland China investors are finding better returns abroad than in Hong Kong,” the 11 Nov 2026 this story story.
The link for Ishares China Large-Cap Etf (FXI) is this: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
Ishares Inc Msci Hong Kong Index Fd (EWH) is here too. Its reason reads: iShares MSCI Hong Kong ETF holds stocks listed in Hong Kong, which this story is about (“hong kong”)
Dates in the story, and the Ishares China Large-Cap Etf (FXI) price range
BABA traded between 99.59 and 112.70 across 10 sessions. The latest close on file is 100.27. EWH traded between 21.52 and 22.52 across 20 sessions. The latest close on file is 21.73. FXI traded between 32.14 and 34.36 across 20 sessions. The latest close on file is 33.21.
How strong the case is around Ishares China Large-Cap Etf (FXI)
46 out of 100Price not final
“Why mainland China investors are finding better returns abroad than in Hong Kong” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.