“For the first time analysts are more bullish about the operator of Hong Kong’s stock market than fast-growing Chinese firms like Lenovo Group and Tencent Holdings. Shares in Hong Kong Exchanges and Clearing Ltd (HKEx) have risen about 40 percent in the past six days on an unprecedented flood of mainland investment in Hong Kong stocks. Fund managers are stacking their chips on HKEx after Beijing allowed institutional investors to buy discounted shares in Hong Kong via a landmark stock pipeline scheme. HKEx is well placed to benefit from more initiatives such as the planned Shenzhen-Hong Kong connect scheme, and as investment quotas for the Hong Kong-Shanghai pipeline are increased.”
http://www.reuters.com/article/2015/04/16/hkex-stocks-idUSL4N0XD1HU20150416