News Formal

Chinese defy Hong Kong's protest gloom in hunt for bargain stocks

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Read more at The Business Times.

We’ll be curating stories from management guru John Bittleston and making them free to read.For firms dual-listed in mainland China and Hong Kong, the latest AH premium index indicates Hong Kong-listed shares are more than 20 per cent cheaper on average than their mainland peers.

Still, there has been a tendency to shun local Hong Kong firms and chase mainland companies whose business operations derive revenue and profits mainly from outside of Hong Kong. Shares of another consumer bellwether, Haidilao International, also doubled this year, amid bets Beijing would roll out more measures to spur domestic consumption to shore up growth.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese defy Hong Kong's protest gloom in hunt for bargain stocksSHANGHAI: Chinese investors more than doubled their Hong Kong stocks purchases this year, braving market headwinds from violent street protests ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Facebook sues Hong Kong company ILikeAd, alleges ad fraudFacebook on Thursday sued a Hong Kong company that it said baited people into clicking on celebrities' photos and bogus advertising links, so it ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »