We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Stock disconnect

17 July 2020 By Robyn Mak

Dual-listed SMIC’s mainland shares debuted at four times the price of its Hong Kong equivalent. Other peers trade at similarly ridiculous premiums. Mainland traders still struggle with valuing companies, while Beijing’s incomplete reforms keep the markets out of sync.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)