The Link Between Hong Kong and Shanghai Stocks

The Hong Kong stock market is up almost 10 percent for the week, after a flood of mainland investors stormed the Hong Kong stock exchange to buy up cheaper offshore issues.
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The Link Between Hong Kong and Shanghai Stocks
A photographer takes photos of the financial district of Pudong from the Bund in Shanghai on November 27, 2012. Peter Parks/AFP/Getty Images
Valentin Schmid
Updated:

The Hong Kong stock market is up almost 10 percent for the week, after a flood of mainland investors stormed the Hong Kong stock exchange to buy up cheaper offshore issues.

Mainlanders weren’t always able to do this and it’s the Shanghai-Hong Kong Stock Connect program that lets them do it.

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Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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