China Markets Diverge as Mainland Shrugs Off Risks While Hong Kong Slides

Mainland China markets shrugged off geopolitical risk and saw inflows while Hong Kong markets were broadly lower
State Council issued 9 measures to improve China's capital markets including controlling IPOs and encouraging dividends
Financials rose sharply as state-linked entity announced it will increase holdings of Mainland bank stocks
Apple supplier Sunny Optical fell on weak iPhone shipments showing slowing global economy
Railway equipment manufacturers like CRRC gained substantially, showing impact of previous infrastructure stimulus