Just as China’s domestic markets have finally started to open up through the Shanghai-Hong Kong Stock Connect scheme, heavily discounted H-share IPOs threaten to put a damper on the attractiveness of A-shares to international investors. read
Surprise – surprise. The launch of the Shanghai-Hong Kong Stock Connect scheme, which had been in the works for months, has recently been delayed. The Through Train has been derailed. read
Amid renewed IPO activity in Hong Kong, carrier Hong Kong Airlines is believed to be working on a yuan-denominated new listing of up to US$500 million equivalent. If confirmed, this would make it only the third issuer there to list shares in Chinese currency. read
