HONG KONG Hong Kong-listed stocks appear to have benefited most from the 3-year-old system of mutual access to equity markets in mainland China, even as the price gap between dual-listed stocks has widened in A-shares' favor.
Shares totaling $1.04 trillion changed hands between Nov. 17, 2014, and the end of October under the Stock Connect initiative, which lets international investors trade yuan-denominated A-shares listed in Shanghai and Shenzhen via licensed brokers in Hong Kong while allowing mainland financiers to bypass capital controls and trade Hong Kong-listed stocks.
