11-11-2014, 06:35 AM
I wonder if and how quickly dual listing stocks will now close the gap between Shanghai and HK prices and where they will meet.
I chose 921, because they lost more than 50% in recent months in HK, but not in Shanghai and because the PE is still attractive (compare with Haier 1169) and the earnings reduction may be temporary.
I would be particularly interested in opinions about dual listing convergence plays in general, are there any other interesting companies with low valuations in HK and a much higher price in Shanghai ?
I chose 921, because they lost more than 50% in recent months in HK, but not in Shanghai and because the PE is still attractive (compare with Haier 1169) and the earnings reduction may be temporary.
I would be particularly interested in opinions about dual listing convergence plays in general, are there any other interesting companies with low valuations in HK and a much higher price in Shanghai ?