Galaxy
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One can't compare Hang Seng with Shanghai Composite. Hang Seng always trade in premium because of Supply-Demand thesis. Shanghai market is not open for everyone. It's largely available only to domestic investors. The difference in premium is because China being a closed market whereas Hong Kong is a open economy. Even Scrips are not in same way. Hence, HS index fluctuates more as par with global market, FIIS large trade, commodity, Forex and other international economic developments.Incorrect Sir, . It is the Hang Seng thats down 35% from the peak. Its a transparent market. The Shanghai SSE on the other hand is down 60% from its peak.
NSE & BSE can't be compared with Hang Seng and Shanghai. It's only Hang Seng for international market participation.