Abstract: We analyzed A-H premium changes across 184 dual-listed Chinese stocks as of May 29th. The average A-H premium was 76.8%, a 4.3ppt increase week-on-week, with 144 stocks widening and 40 narrowing. Real Estate led sector gains at +11.3ppt and Utilities added +8.8ppt, while Consumer Discretionary was flat at -0.0ppt. The top premium wideners by magnitude were Shandong Chenming Paper (+36.0ppt), Datang Power (+29.8ppt), and Beijing North Star (+25.0ppt), while Huaneng Power Intl (+12.2ppt, z=2.91) and Zhuzhou Crrc Times Electric (+13.6ppt, z=2.62) were the most statistically significant wideners. The largest narrowers were Joinn Lab (-14.1ppt), Zhejiang Shibao (-13.9ppt), and ZTE (-9.4ppt, z=-2.1), and China Minsheng Banking and Haier Smart Home both reached 52-week highs in A-H premium during the week.
HAIER SMART HOME, DATANG POWER, Huaneng Power Intl, ZTE, CHINA MINSHENG BANKING, ZHUZHOU CRRC TIMES ELECTRIC
A weekly review of the premium of A-shares over H-shares for dual-listed Chinese companies. Each issue tracks the average A-H premium, how it moved by sector over the week, and the stocks whose premium changed most. All issues of A-H Premium Weekly →
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