Abstract: We analyzed A-H premium changes for 189 dual-listed China stocks as of July 3rd, with the average premium at 85.5%, up 0.4ppt week-on-week and 9.6ppt over the past four weeks. Premium breadth was modestly positive, with 99 stocks advancing versus 90 declining. Consumer Staples led sector gains at +11.7ppt, while Utilities saw the largest sector decline at -3.9ppt. On the upside, Andre Juice surged 65.6ppt to a premium of 327.0%, followed by Cig (+25.0ppt to 117.0%), Biocytogen (+22.9ppt to 186.4%), and Yangtze Optical Fibre (+21.7ppt to 172.6%). On the downside, China Longyuan dropped 35.1ppt to 249.5%, Csc fell 30.4ppt to 162.2%, and Midea recorded the largest z-score decline at -9.9ppt (z=-3.93) to a premium of just 3.3%.
CHINA LONGYUAN, CEB BANK, YANGTZE OPTICAL FIBRE AND-H, CICC, MIDEA, PSBC
Interested in the full report? Get in touch with our team.