China Shares Are Catching Up With Their Hong Kong Peers: ChartBy
Shanghai shares are narrowing the performance gap with their Hong Kong-listed counterparts after trailing behind for much of the year. The Shanghai Composite Index has jumped more than 6 percent this quarter to enter a bull market, while the Hang Seng China Enterprises Index of Chinese equities in Hong Kong has fallen 1.6 percent to approach a three-month low. Rallies in commodity producers have boosted Shanghai’s benchmark, while declines in financial companies have weighed on the H-share gauge.
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