As China’s Investors Rush In, Hong Kong Shares Take a Wild Ride

HONG KONG — Meitu had been a snoozer of a stock since listing in Hong Kong in December. Then investors from mainland China had a chance to buy in. Almost immediately, shares of Meitu, a Chinese smartphone app maker, jumped 80 percent in a week — then lost the gains nearly as fast.

from Pocket http://ift.tt/2oMWkXM
via IFTTT

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s