RE: Quoting from Christopher Wood's Greed & Fear 1 July2 Jul 2021 14:21
13.Hk remained around 67HKD most part of the trading period earlier at HK. Settled at 64.50 towards the end, probably ‘encouraged’ by the selling at AIM. Traders are making use of the “full fungible” nature of hutchmed shares, buying cheap in London and selling at 15-20% profit on HKSE. Perhaps, this will continue until all those shares bought cheap over the last few months are exhausted.
I have a question. Are investors from mainland China able to buy 0013.HK? Is 0013.HK a “H” type share? As per information available on the internet, China mainland people can buy ‘H’ type shares listed on HKSE.
I understand from the information in tacly’s post above that Shanghai- HK link will, probably, be effective from September, for 0013HK, which should allow more investors from mainland China. Not sure why HCM can not be moved to the main LSE market. If the management can achieve that goal, mainland China investors can invest using London-Shanghai link. It will also make it possible for many UK funds to invest in HCM. (Being an AIM share, at present, it is not open to both these two sets of investors).