Quantitative Research

A-H Premium Weekly (Apr 10th): ABC, Weichai Power, CICC, ICBC

10 Apr 2026 By Ke Yan, CFA
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Abstract: We analyzed A-H premium changes across 180 dual-listed China stocks as of April 10th, with the average A-H premium at 68.3%, declining 1.8ppt week-on-week and 2.0ppt over the past four weeks. Across sectors, 130 stocks saw their A-H premium fall and 50 saw it rise, with Financials posting the largest sector decrease at -4.4ppt and Communication Services the largest increase at +4.4ppt. On a z-score basis, the most statistically significant premium compressions were in ABC (-8.1ppt, z=-2.3), Weichai Power (-5.1ppt, z=-2.2), and CICC (-13.7ppt, z=-1.5), while the most significant expansion was in Xinhua Winshare Publishing And Media (+17.4ppt, z=3.6). ICBC reached a 52-week low in A-H premium at 20.3% (-4.5ppt week-on-week), and Nsing Technologies posted the largest absolute weekly increase at +19.6ppt.

CICC (3908 HK) WEICHAI POWER (2338 HK) ICBC (1398 HK) ABC (1288 HK)

Highlighted Stocks

CICC, WEICHAI POWER, ICBC, ABC

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