Volatility turns overseas investors off Shanghai-HK bourse link

Hong Kong

SINCE the day China loosened access to its stocks in November, the Shanghai Composite Index has soared 26 per cent as the rest of the world's markets stood still. Rather than attract overseas buyers, it's repelling them.

While individuals in China are opening the most equity trading accounts since 2007, professionals such as Tai Hui, the chief Asia market strategist at JPMorgan Asset Management, warn the advance has gone too far, too fast.