Expectations are growing that the Chinese 'A' share market is to be opened up to foreign investors, ...
Expectations are growing that the Chinese 'A' share market is to be opened up to foreign investors, bringing the prospect of a 'B' share price rise. The prospect of this change has already caused a massive rise in the 'B' share index since the start of the year, because opening up the market should push the two classes to parity. At present, 'B' shares trade at a discount to 'A' shares. Anthony Neoh, chairman of the Hong Kong Securities and Futures Commission and advisor to the Chinese authorities, hinted in late July that the system will be changed into something more like that in Korea ...
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