HKEX (00388.HK) +3.000 (+1.199%) Short selling $72.60M; Ratio 14.337% , as the world's leading center for initial public offerings (IPOs), attracted a lot of companies in Mainland China to choose to list in Hong Kong, according to a report by CCTV Finance. At present, the market cap of mainland companies listed in Hong Kong accounts for more than 70%, and the cumulative financing amount has whopped RMB8 trillion.
The mutual access between the mainland and Hong Kong capital markets is deepening, forming a new pattern of “two-way opening up” in finance. Hong Kong, as the largest offshore CNH center, is playing an increasingly significant role in the internationalization of the RMB through the mutual access mechanism, the report told.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-06-28 12:25.)
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