Hong Kong Exchanges and Clearing’s (HKEx) securities market turnover rose to an all-time high of HK$252.4 billion on Wednesday, beating the previous record which stood since October 2007.
The all-time high comes as the Shanghai-Hong Kong Stock Connect turnover surged to its best level since launch.
The number of trades recorded on 8 April was 3,105,978, smashing the previous record of 1,935,113.
The market capitalisation of Hong Kong-listed shares also reached a record high, climbing to $28.6 trillion, capping off a record-breaking week for HKEx.
HKEx chairman C K Chow attributed the success to Stock Connect, calling it one of the catalysts for the record turnover.
"The programme has given us another source of market liquidity that was enhanced by the Mainland authorities' recent clarification of policies regarding institutional investor participation in Stock Connect."
HKEx Chief Executive Charles Li added that: “Stock Connect is less than five months old and there's much more to come.”