Chinese Shares’ Premium to Hong Kong Peers Poised for 2020-Low

Bloomberg2025-03-20

The price gap between mainland China stocks and their counterparts listed in Hong Kong is poised to reach a more than four-year low, as optimism in artificial intelligence drives investors to the city...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1175162749?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-20 10:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1175162749","market":"hk","top_or_hot":-1,"title":"Chinese Shares’ Premium to Hong Kong Peers Poised for 2020-Low","media":"Bloomberg","content":"<div>\n<p>The price gap between mainland China stocks and their counterparts listed in Hong Kong is poised to reach a more than four-year low, as optimism in artificial intelligence drives investors to the city...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-03-20/chinese-shares-premium-to-hong-kong-peers-poised-for-2020-low?srnd=homepage-asia\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Shares’ Premium to Hong Kong Peers Poised for 2020-Low</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Shares’ Premium to Hong Kong Peers Poised for 2020-Low\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-03-20 10:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-03-20/chinese-shares-premium-to-hong-kong-peers-poised-for-2020-low?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price gap between mainland China stocks and their counterparts listed in Hong Kong is poised to reach a more than four-year low, as optimism in artificial intelligence drives investors to the city...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-03-20/chinese-shares-premium-to-hong-kong-peers-poised-for-2020-low?srnd=homepage-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01211","symbol_name":"比亚迪股份","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2025-03-20/chinese-shares-premium-to-hong-kong-peers-poised-for-2020-low?srnd=homepage-asia","article_id":"1175162749","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1584095487587","url":"https://www.bloomberg.com/news/articles/2025-03-20/chinese-shares-premium-to-hong-kong-peers-poised-for-2020-low?srnd=homepage-asia","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1175162749","pubTimestamp":1742437244,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"The price gap between mainland China stocks and their counterparts listed in Hong Kong is poised to reach a more than four-year low, as optimism in artificial intelligence drives investors to the city","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"01211":"比亚迪股份","00700":"腾讯控股","TCEHY":"腾讯控股ADR","09898":"微博-SW","01024":"快手-W","02202":"万科企业","HSI":"恒生指数","09988":"阿里巴巴-W","09888":"百度集团-SW","09999":"网易-S","09961":"携程集团—S","09618":"京东集团-SW","09868":"小鹏汽车-W","02015":"理想汽车-W","01810":"小米集团-W","HSCEI":"国企指数","03690":"美团-W","HSTECH":"恒生科技指数","09866":"蔚来-SW","00981":"中芯国际","09626":"哔哩哔哩-W"},"translate_title":"中国股票相对于香港同行的溢价有望创2020年新低","themeId":"a05aa83717ad8b4c5e99a6fe18598a3f","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01211":1.1,"01810":1.1,"09988":1.1,"00700":1.1,"09626":1.1,"09961":1.1,"03690":1.1,"HSTECH":1.1,"09868":1.1,"09866":1.1,"09888":1.1,"09898":1.1,"HSI":1.1,"00981":1.1,"01024":1.1,"02202":1.1,"02015":1.1,"09618":1.1,"TCEHY":1.1,"09999":1.1,"HSCEI":1.1},"content_text":"The price gap between mainland China stocks and their counterparts listed in Hong Kong is poised to reach a more than four-year low, as optimism in artificial intelligence drives investors to the city’s market.A measure of onshore shares’ premium to their Hong Kong peers is close to surpassing an October-low, bringing it near the lowest level since June 2020. This comes as a gauge of Chinese firms listed in Hong Kong surged 24% this year, while the mainland benchmark CSI 300 Index only gained 1.5%.Tech giants listed in Hong Kong are benefiting from a DeepSeek-driven rally, while sentiment toward onshore shares remained capped by a soft economic recovery. The financial hub’s outperformance is also helped by strong buying from mainland investors.To be sure, Beijing’s plans to boost consumption may trigger a reversal of the trend. After months of mostly outflows, a $2.5 billion exchange-traded fund tracking the largest and most liquid stocks in mainland China saw its biggest inflow this week since October.In the longer term, the premium “could be lower than in the past due to increasing southbound ownership in Hong Kong, which is now at a similar level compared to foreign active funds’ ownership,” UBS Group AG strategists including James Wang wrote in a note. Some level of premium should remain given the higher liquidity and turnover in Hong Kong, as well as the lack of ability to short onshore shares, they said.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.13","shortVersion":"4.35.13","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1175162749","isCrawlerRequest":true}