China Stocks
The long-standing pricing gap between mainland China-listed A shares and Hong Kong-listed H shares of dual-listed companies has narrowed—and in some cases reversed—as global investors re-rate China’s technology companies. The Hang Seng AH Premium Index has stayed below 120 in recent sessions, down sharply from 157.89 in February 2024. The shift is most evident in hard-technology firms like CATL, Montage Technology and GigaDevice Semiconductor.
Reported by AI
Shanghai-based GPU maker MetaX made a spectacular debut on the Star Market, with shares opening at 700 yuan, a 569% increase from the IPO price of 104.66 yuan. The stock climbed further to 824.50 yuan intraday.