You are here

SUBSCRIBERS

Trade in H shares keeps burning investors

MSCI China Index down 21% since April amid stock crash, weak data, signs of US rate hike.

BT_20150808_HSHARES8RMVY_1815313.jpg
'VALUE TRAP': Hong Kong's Hang Seng H-Share Index ETF, which lured record inflows in April, has recorded withdrawals for the past two weeks.

Taipei

IT looked like a no-brainer for buyers of Chinese shares in Hong Kong. Valuations in April were 25 per cent cheaper than in the mainland, monetary stimulus was just getting started and money was pouring in through Hong Kong's new exchange link with Shanghai.

Bulls snapped up...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes