(March 21): Hong Kong’s latest stock-market drama is putting a spotlight on the volatile trading patterns of Chinese investors who use the city’s cross-border exchange links. The company, which has reported losses since 2013, hasn’t filed any announcements to Hong Kong’s stock exchange regarding Monday’s stock moves. The December start of second stock link, this time with Shenzhen, opened direct access for mainland investors to Hong Kong-listed mid-cap stocks. Mainland investors bought a net 13 billion yuan (US$1.9 billion) of Hong Kong stocks last week through exchange links, the most this year. IGG Inc and Zhou Hei Ya International Holdings Co, which were also added to the stock links this month, have seen higher price swings in recent weeks.

Source: The Edge Markets March 21, 2017 09:56 UTC