Chinese Stocks' Price Gap with Hong Kong Set to Hit 2020 Low

Reported about 2 months ago

The price difference between mainland Chinese stocks and those in Hong Kong is nearing a four-year low due to rising investor optimism in the Hong Kong market, driven by a surge in technology stocks. While Hong Kong-listed firms have gained significantly this year, mainland stocks have struggled, prompting speculation that the premium may decrease further in the future. However, recent inflows into mainland-focused funds suggest a possible shift in trend as Beijing aims to boost consumption.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis