On July 27, CFMEE rose 6.04% in regular trading, trading at 301.8 HKD/share, with turnover of approximately 23.98 million HKD.
On the news front, Shenzhen Stock Exchange previously announced the inclusion of CFMEE into the Southbound Trading eligible securities list under Shenzhen-Hong Kong Stock Connect, effective from July 24. The opening of the southbound capital channel provides fresh buying support for the H-share price. Following the end of the stabilization period on July 23 and the full exercise of over-allotment options issuing 1.93 million H shares (expanding issued share capital by 15%), short-term selling pressure has largely been absorbed. With H shares currently trading at over 30% discount to A shares — which closed at 408.8 yuan on July 24, up 13.62% week-over-week — the Stock Connect inclusion offers a clear channel for AH premium convergence, attracting southbound capital inflows.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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