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.
Chinese companies see huge differences in valuation in between shares listed on the Hong Kong and Shanghai stock exchanges, with mainland investors often paying a premium for stock with the same voting rights and dividend. (Source photo by Reuters/Getty Images)
Market Spotlight
Why do Chinese investors pay more for the same shares?
Premium for mainland stocks over Hong Kong counterparts recently hit 7-year high
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