We’ll be curating stories from management guru John Bittleston and making them free to read.For firms dual-listed in mainland China and Hong Kong, the latest AH premium index indicates Hong Kong-listed shares are more than 20 per cent cheaper on average than their mainland peers.
Still, there has been a tendency to shun local Hong Kong firms and chase mainland companies whose business operations derive revenue and profits mainly from outside of Hong Kong. Shares of another consumer bellwether, Haidilao International, also doubled this year, amid bets Beijing would roll out more measures to spur domestic consumption to shore up growth.
Source: News Formal (newsformal.com)
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