CHINA enters springtime in the Year of the Rabbit, along with a market revival as investors revisit its vast capital markets.
In January alone, China A-share indices posted 7-8 per cent rises, while HK-listed China shares (represented by Hang Seng Index and HSCEI) rose over 10 per cent. The initial momentum was fuelled by positive surprise around the pace of China’s post-Covid re-opening, macro data and return of investment flows into the Hong Kong/China markets.
Northbound inflows via the HK-China Stock Connect into the China A-share bourses rose to a record US$20.88 billion last month, which is US$6 billion above the previous monthly record in December 2021.
With the sharp rally in HK/China...