Traders from China bought a net HK$5.8 billion ($1.00 billion) of the Hong Kong stock via trading links, snapping two months of outflows, according to Bloomberg calculations based on exchange data. The purchases helped the mobile gaming giant climb 0.5% in August, the first gain since April.
Chinese investors piled back into beleaguered Tencent Holdings Ltd. in August, braving a relentless tech crackdown from Beijing that almost halved its stock price.
