Siwei Zhong

Institutions Chasing CBM Opportunities in China

as a matter of fact, all GEM (Growth Enterprise Market) listed stocks in HK (all stocks start with '8' ) were under heavy speculation in last 2 weeks. Up or down 20-30% was common.

beware of those 'assets injection' stories. The most common story lines are 'energy' 'coal' and 'property'

Though there is no solid evidence, the GEM volatility is believed to be caused by mainland investors who moved their money from A-share to HK due to the short term uncertain policy risk in China (index future, rate hike, bond issue from State Investment corp etc)