Mainland Chinese investors have significantly increased their investments in Hong Kong stocks, reaching a record high through the Stock Connect scheme amid a resurgence of market optimism and a declining yuan. This trend is reflected in a rally of major Chinese bank stocks, with Industrial and Commercial Bank of China (ICBC) hitting new highs, alongside other leading banks that are approaching all-time highs. The Big Four banks have surged over 40% year-to-date, with prominent asset managers such as Morgan Stanley, Fidelity, and T. Rowe Price raising their stakes in these institutions. Furthermore, China's financial institutions have reported an 8% growth in total assets this year, highlighting a broader recovery in the banking sector.