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Mainland Chinese stocks have been listed on HKEX and even been components of the Hang Seng Index (kind of like our SP500) for a long time. The main reason that
by robjan 6y ago
Mainland Chinese stocks have been listed on HKEX and even been components of the Hang Seng Index (kind of like our SP500) for a long time. The main reason that there aren't more HK stocks in the tech index is that there aren't really any HK based tech companies listed on our exchange.
- yomly 6y ago...are there any HK tech companies? Slightly facetious but HK really dropped the ball in not chasing tech IMO
- caycep 6y agowell, there are small start ups and engineering firms, back when things were considered "open" and the taxes were fairly low...a lot were doing under the radar type stuff and using the HK-Shenzhen connection to get rapid prototyping done and so forth. I know of a few companies doing LCD panels for stadiums, a few fabless chip design firms going for embedded markets, etc. But no "unicorns" in the American sense.