By John Lu, Bloomberg Markets Live reporter and strategist
A DeepSeek-spurred outperformance in Hong Kong-listed Chinese shares over equities onshore is set to narrow, if one metric is a guide.
The narrowing premium between onshore and Hong Kong shares is likely to make the latter less attractive for mainland investors, who have helped drive advances in the city’s markets. Chinese investors have bought HK$163 billion ($21 billion) of stocks in Hong Kong this year, with Southbound trading via exchange links making up almost half of the turnover in February, according to Bloomberg-compiled data.
