HONG KONG -- Beijing Jingcheng Machinery Electric, a state-owned manufacturer of gas storage cylinders, may not be the most well-known name among Chinese listed companies. However, it is notable in one way: it tops the list of companies with the biggest price gap between their Hong Kong and mainland listed shares.
The company is listed both in Shanghai and Hong Kong. The A-shares on the mainland closed at 22.1 yuan on Friday, while the H-shares in Hong Kong were at 4.11 Hong Kong dollars, meaning mainland investors were paying 6.6 times as much.
