The top global stockmarkets for investors as the ASX lags behind

Australians are investing more than $1 billion into international exchange markets every month, mostly the US, and in particular, the 'magnificent seven' technology stocks that have become household words.

As local investors follow the gains in global markets, the largest exchange-traded funds in Australia are actually focused outside the country. They are now hugely popular among local investors.

While many international markets are performing better than Australia, it's Hong Kong that is near the top, and also the top pick for Moomoo market strategy Michael McCarthy. He says the Hong Kong market's biggest stocks have strong growth potential and lower valuations than their US peers... read the full story.