Shenzhen Link Lifts Hong Kong’s Small Caps to Highest in a Month
- Index of small companies in the city at highest since Oct. 25
- Main index in Hong Kong trades at lower value versus Shenzhen
This article is for subscribers only.
Hong Kong’s small-cap stocks climbed to a one-month high ahead of their inclusion in the upcoming exchange link with Shenzhen.
The Hang Seng Composite Small Cap Index rose 1.8 percent on Monday to its highest level since Oct. 25, outperforming a 0.5 percent gain in the broader Hang Seng Index, according to data compiled by Bloomberg. Huayi Tencent Entertainment Co. rallied 14 percent, while GCL New Energy Holdings Ltd. soared 10 percent.