Since October of this year, the AH share premium index has been rising and has become the focus of the capital market. Market data shows that on October 27, the AH share premium index once surged to 134.26 points, a new high during the year. Since then, along with the simultaneous rebound of A shares and Hong Kong stocks, the index has declined somewhat. The latest closing price was 129.58 points. Why is the premium of A shares over H shares widening when the same company is listed in both places? According to industry analysts, the increase in premiums in this round is not dominated by the single market, but rather the result of multiple differences between A shares and H shares resonating with various differences in underpinning power, investor structure, and external pricing environment. The premium for A shares has converged compared to H shares, and it is still necessary to wait for multiple conditions to co-catalyze.

Since October of this year, the AH share premium index has been rising and has become the focus of the capital market. Market data shows that on October 27, the AH share premium index once surged to 134.26 points, a new high during the year. Since then, along with the simultaneous rebound of A shares and Hong Kong stocks, the index has declined somewhat. The latest closing price was 129.58 points. Why is the premium of A shares over H shares widening when the same company is listed in both places? According to industry analysts, the increase in premiums in this round is not dominated by the single market, but rather the result of multiple differences between A shares and H shares resonating with various differences in underpinning power, investor structure, and external pricing environment. The premium for A shares has converged compared to H shares, and it is still necessary to wait for multiple conditions to co-catalyze.