Chinese investors go bargain-hunting in Hong Kong for China shares
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Hong Kong
CHINESE stock investors are finally seeing value in domestic shares, but there's a twist: instead of wading back onto battered onshore exchanges, they've gone shopping for bargains in Hong Kong.
By doing so they are exploiting a long-standing market distortion that means the average share price of a dual-listed Chinese company is currently 40 per cent lower in Hong Kong than in Shanghai or Shenzhen.
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