China Stocks Are Better Shelter Than Hong Kong in Xi’s Clampdown
- CSI 300 beat an H-shares gauge by the most in a year in July
- Mainland gauge has lower exposure to foreign capital: Nomura
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Owning shares in China is proving a better proposition than Hong Kong for investors seeking shelter from a rout driven by Beijing’s policy pivots.
The CSI 300 Index, which tracks the largest companies in Shanghai and Shenzhen, outperformed the Hang Seng China Enterprises Index by nearly two percentage points over the last two days amid worries over new regulatory crackdowns in the tech sector.