Quantitative Research

A-H Premium Weekly (Jul 31st): Hua Hong Semi, CMB, Shandong Gold Mining Co Lt-H, Eastroc

31 Jul 2026 By Ke Yan, CFA
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Abstract: We analyzed A-H premium changes across 195 dual-listed stocks as of July 31st, with the average A-H premium at 81.4%, up 1.9ppt week-on-week and down 3.8ppt over the past four weeks. Premiums broadened across most sectors, with 125 of 195 stocks recording increases. Real Estate led sector gains at +7.2ppt while Consumer Staples was the largest decliner at -3.3ppt. Among individual stocks, Hua Hong Semi saw the sharpest weekly compression at -40.1ppt (z-score -3.64), CMB narrowed by -2.9ppt (z-score -1.81), and Eastroc fell -8.2ppt. On the upside, Shandong Gold Mining reached a 52-week premium high with a weekly gain of +8.1ppt, and Zhejiang Shibao posted the largest absolute increase at +29.5ppt.

HUA HONG SEMI (1347 HK) EASTROC (9980 HK) SHANDONG GOLD MINING CO LT-H (1787 HK) CMB (3968 HK)

Highlighted Stocks

HUA HONG SEMI, EASTROC, SHANDONG GOLD MINING CO LT-H, CMB

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