China’s Stock Bulls Spark a Decoupling in Market Prices

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Shares listed on China’s mainland typically trade at a premium to their counterparts in Hong Kong. But the gap is getting pretty extreme.

Shares in Luoyang Glass Co., which trade at the equivalent of $0.33 each in Hong Kong, go for more than $2.

10 in Shanghai. The price of mainland-listed stock in Central China Securities Co., a brokerage, is four times its Hong Kong equivalent.

 

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Interesting!

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China culture is poo

Because China doesn’t understand the concept of a market.

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