Posted inBeijing, China, Hong Kong, Shanghai, World

Stock disconnect: HK small caps outshine China tech firms

The long-awaited Shenzhen-Hong Kong Stock Connect finally kicks off on Monday. For mainland Chinese investors, the promise of low valuations and high dividend yields offers an enticing prospect – one that may well occasion distress in Beijing given the government’s existing anxieties about money outflows and yuan depreciation. The draw being flaunted for foreign investors is Shenzhen’s […]