Core Insights - The article highlights the top and bottom AH share premium rates, with Northeast Electric (00042) leading at 831.03% and Ningde Times (03750) at -4.55% [1][2][3] Premium Rate Rankings - The top three AH share premium rates are: - Northeast Electric (00042): 831.03% - Hongye Futures (03678): 270.00% - Sinopec Oilfield Service (01033): 268.92% [1][2] - The bottom three AH share premium rates are: - Ningde Times (03750): -4.55% - China Merchants Bank (03968): -1.71% - Heng Rui Medicine (01276): 3.65% [1][3] Deviation Value Rankings - The top three stocks with the highest deviation values are: - China Shipbuilding Defense (00317): 53.01% - Guanghetong (00638): 25.36% - GAC Group (02238): 22.12% [1][4] - The bottom three stocks with the lowest deviation values are: - Longpan Technology (02465): -31.76% - Northeast Electric (00042): -23.74% - Ganfeng Lithium (01772): -14.15% [1][5]

Core Insights - The article highlights the top and bottom AH premium rates for various stocks, indicating significant discrepancies between H-shares and A-shares [1][2][3] Group 1: Top AH Premium Rates - Northeast Electric (00042) leads with a premium rate of 847.37%, followed by Sinopec Oilfield Service (01033) at 270.27% and Hongye Futures (03678) at 269.94% [1][2] - Zhejiang Shibao (01057) and Fudan Zhangjiang (01349) also show high premium rates of 263.16% and 250.00% respectively [2] Group 2: Bottom AH Premium Rates - The lowest premium rates are observed in CATL (03750) at -4.68%, China Merchants Bank (03968) at -1.05%, and Heng Rui Medicine (01276) at 4.32% [1][2] - Other companies like WuXi AppTec (02359) and Midea Group (00300) also show modest premium rates of 5.49% and 5.97% respectively [2] Group 3: Top AH Deviation Values - Guanghe Tong (00638) has the highest deviation value at 32.28%, followed by Beijing Jingcheng Machinery Electric (00187) at 21.40% and Fudan Zhangjiang (01349) at 17.42% [1][3] - Nanjing Panda Electronics (00553) also shows a significant deviation value of 17.34% [3] Group 4: Bottom AH Deviation Values - The lowest deviation values are recorded for Zhongwei New Materials (02579) at -23.92%, Longpan Technology (02465) at -15.25%, and Anhui Wanshan Expressway (00995) at -12.36% [1][3] - Other companies like Ganfeng Lithium (01772) and China Life (02628) also show negative deviation values of -11.85% and -9.94% respectively [3]

Market Overview - The Hong Kong stock market experienced a significant decline, with the Hang Seng Index dropping by 2.38%, the Hang Seng China Enterprises Index falling by 2.45%, and the Hang Seng Tech Index decreasing by 3.21% [1][2]. Sector Performance - The pharmaceutical sector faced the largest declines, with notable drops in internet healthcare, AI healthcare, biopharmaceuticals, pharmaceutical outsourcing, and innovative drug concepts. Key stocks included: - 3SBio (01530.HK) down 9.44% - WuXi Biologics (01873.HK) down 6.09% - Kingsoft Cloud (01548.HK) down 6.05% - Innovent Biologics (02696.HK) down 5.62% - CanSino Biologics (09926.HK) down 5.39% - JD Health (06618.HK) down 8.6% - Ping An Good Doctor (01833.HK) down 4.28% - Alibaba Health (00241.HK) down 4.46% - Crystal International (02228.HK) down 4.82% - MicroPort Scientific (02252.HK) down 3.55% [3]. Impact of Economic Data - The recent U.S. non-farm payroll data exceeded expectations, leading to a decrease in the likelihood of a Federal Reserve rate cut in December. This has implications for the valuation and financing of innovative drugs, as the cooling expectations for rate cuts may impact investment sentiment [3]. Commodity and Energy Sector - The weakening expectations for a December rate cut have also affected the U.S. dollar index, which surpassed the 100-point mark, putting pressure on the commodities sector. Key declines included: - Ganfeng Lithium (01772.HK) down 12.47% - Tianqi Lithium (09696.HK) down 11.93% - Jinchuan Group (06680.HK) down 6.63% - Lingbao Gold (03330.HK) down 5.47% - China Aluminum (02600.HK) down 4.85% - Chalco International (02068.HK) down 4.74% [4]. Renewable Energy Sector - The power equipment, photovoltaic, and wind power sectors also performed poorly, with significant declines in: - Northeast Electric (00042.HK) down 7.02% - Xinyi Solar (00968.HK) down 7.51% - GCL-Poly Energy (03800.HK) down 5.83% - Yihua Energy (02402.HK) down 6.27% - Flat Glass Group (06865.HK) down 6.02% [4]. Semiconductor Sector - The semiconductor sector saw notable declines, with: - SMIC (00981.HK) down 6.39% - Hua Hong Semiconductor (01347.HK) down 6.09% - Shanghai Fudan (01385.HK) down 3.78% - Beike Micro (02149.HK) down 5.2% [5]. Technology Sector - Other technology-related sectors, including cloud computing and AI, also faced downward pressure, with significant drops in: - Tencent Music (01698.HK) down 5.98% - Baidu (09888.HK) down 5.79% - Alibaba Group (09988.HK) down 4.65% - NetEase (09999.HK) down 3.76% [5].

Core Insights - The article highlights the top and bottom AH premium rates for various stocks, indicating significant discrepancies between H-shares and A-shares [1] Group 1: Top AH Premium Rates - Northeast Electric (00042) leads with a premium rate of 918.87%, followed by Sinopec Oilfield Service (01033) at 304.05% and Hongye Futures (03678) at 298.14% [1] - The top three stocks with the highest deviation values are Northeast Electric (72.50%), Beijing Jingcheng Machinery Electric (00187) (65.68%), and Sinopec Oilfield Service (51.01%) [1] Group 2: Bottom AH Premium Rates - The stocks with the lowest AH premium rates include CATL (03750) at 0.74%, China Merchants Bank (03968) at 0.92%, and Midea Group (00300) at 6.26% [1] - The bottom three stocks with the lowest deviation values are China Eastern Airlines (00670) (-6.33%), Jiangsu Ninghu Expressway (00177) (-6.04%), and Anhui Wanan Expressway (00995) (-5.20%) [1] Group 3: Additional Insights on Premium and Deviation - The article provides a detailed table of the top ten and bottom ten AH stocks based on premium rates and deviation values, showcasing the significant differences in market valuation between H-shares and A-shares [1][2] - The premium rates and deviation values are calculated based on the current rates compared to the average rates over the past 30 days, indicating potential investment opportunities or risks [2]

Core Insights - The article highlights the top and bottom AH share premium rates as of November 20, with Northeast Electric (00042) leading at 847.37% and Ningde Times (03750) at -3.01% [1][2] Premium Rate Rankings - The top three AH share premium rates are: - Northeast Electric (00042): 847.37% - Zhejiang Shibao (01057): 283.92% - Hongye Futures (03678): 283.88% [2] - The bottom three AH share premium rates are: - Ningde Times (03750): -3.01% - China Merchants Bank (03968): -0.06% - WuXi AppTec (02359): 4.92% [2] Deviation Value Rankings - The highest deviation values are: - Beijing Jingdian (00187): 45.70% - Zhejiang Shibao (01057): 37.82% - Sinopec Oilfield Service (01033): 32.35% [1][2] - The lowest deviation values are: - China Eastern Airlines (00670): -13.61% - Ganfeng Lithium (01772): -12.40% - China Life (02628): -11.44% [1][3]

Core Insights - The article highlights the top and bottom AH share premium rates as of November 19, with Northeast Electric (00042) leading at 847.37% and CATL (03750) at -8.50% [1][2]. Premium Rate Rankings - The top three AH share premium rates are: - Northeast Electric (00042): 847.37% - Hongye Futures (03678): 281.60% - Sinopec Oilfield Service (01033): 278.48% [2] - The bottom three AH share premium rates are: - CATL (03750): -8.50% - China Merchants Bank (03968): 0.33% - Heng Rui Medicine (01276): 3.61% [2] Deviation Value Rankings - The highest deviation values are: - Hongye Futures (03678): 31.12% - Sinopec Oilfield Service (01033): 29.24% - Zhejiang Shibao (01057): 28.97% [1][2] - The lowest deviation values are: - Ganfeng Lithium (01772): -15.34% - COSCO Shipping Energy (01138): -11.82% - China Eastern Airlines (00670): -11.38% [1][3]

Core Insights - The article highlights the top and bottom AH share premium rates as of November 18, with Northeast Electric (00042) leading at 847.37% and Ningde Times (03750) at -7.82% [1][2][3] Top AH Share Premium Rates - Northeast Electric (00042) has a premium rate of 847.37% with H-share priced at 0.285 HKD and A-share at 2.25 CNY [2] - Sinopec Oilfield Service (01033) follows with a premium rate of 296.15%, H-share at 0.780 HKD and A-share at 2.58 CNY [2] - Hongye Futures (03678) ranks third with a premium rate of 275.07%, H-share at 3.490 HKD and A-share at 10.93 CNY [2] Bottom AH Share Premium Rates - Ningde Times (03750) shows a negative premium rate of -7.82%, with H-share at 504.000 HKD and A-share at 387.89 CNY [3] - China Merchants Bank (03968) has a premium rate of -0.08%, H-share at 51.400 HKD and A-share at 42.88 CNY [3] - Heng Rui Pharmaceutical (01276) has a premium rate of 4.52%, with H-share at 70.800 HKD and A-share at 61.78 CNY [3] Top AH Share Deviation Values - Sinopec Oilfield Service (01033) leads in deviation value at 49.38% [1][4] - Zhejiang Shibao (01057) follows with a deviation value of 31.62% [1][4] - Beijing Jingcheng Machinery Electric (00187) has a deviation value of 28.48% [1][4] Bottom AH Share Deviation Values - Ganfeng Lithium (01772) has the lowest deviation value at -13.86% [1][5] - China Life (02628) follows with -12.23% [1][5] - CNOOC Services (02883) has a deviation value of -11.47% [1][5]

Core Insights - The article highlights the top and bottom AH share premium rates, indicating significant discrepancies in market valuations between H-shares and A-shares for various companies [1][2][3]. Group 1: Top AH Share Premium Rates - Northeast Electric (00042) leads with a premium rate of 815.25%, followed by Hongye Futures (03678) at 277.62% and Sinopec Oilfield Service (01033) at 276.83% [1][2]. - The premium rates for the top three companies indicate a strong market preference for their H-shares compared to A-shares [2]. Group 2: Bottom AH Share Premium Rates - Contemporary Amperex Technology (03750) has the lowest premium rate at -7.20%, with China Merchants Bank (03968) at -0.80% and Heng Rui Medicine (01276) at 4.11% [1][3]. - The negative premium for Contemporary Amperex Technology suggests a potential undervaluation of its H-shares relative to A-shares [3]. Group 3: Premium Deviation Values - Zhongwei New Materials (02579) has the highest deviation value at 77.12%, indicating a significant difference from its historical average premium rate [1][4]. - The lowest deviation values are seen in Northeast Electric (00042) at -22.71%, suggesting a consistent underperformance compared to its historical premium [1][5].

Core Insights - The article highlights the top and bottom AH premium rates for various stocks as of November 14, with Northeast Electric (00042) leading at 831.03% and Ningde Times (03750) at -9.94% [1][2] AH Premium Rate Rankings - The top three stocks with the highest AH premium rates are: - Northeast Electric (00042) with a premium of 831.03% - Sinopec Oilfield Service (01033) with a premium of 279.27% - Hongye Futures (03678) with a premium of 276.70% [1][2] - The bottom three stocks with the lowest AH premium rates are: - Ningde Times (03750) with a premium of -9.94% - China Merchants Bank (03968) with a premium of -0.10% - Heng Rui Pharmaceutical (01276) with a premium of 5.22% [1][2] Deviation Values - The stocks with the highest deviation values are: - Sinopec Oilfield Service (01033) with a deviation of 36.09% - Hongye Futures (03678) with a deviation of 32.04% - Zhejiang Shibao (01057) with a deviation of 29.03% [1][2] - The stocks with the lowest deviation values are: - Andeli Juice (02218) with a deviation of -18.61% - Ganfeng Lithium (01772) with a deviation of -17.09% - China Life (02628) with a deviation of -16.43% [1][2][3]

Core Insights - The article highlights the top and bottom performing AH share premium rates as of November 12, with Northeast Electric (00042) leading at 847.37% and Ningde Times (03750) at -15.85% [1][2] Summary by Category Top AH Share Premium Rates - Northeast Electric (00042) has a premium rate of 847.37% with H-share priced at 0.285 HKD and A-share at 2.25 CNY [1] - Hongye Futures (03678) follows with a premium rate of 266.57%, H-share at 3.590 HKD and A-share at 10.99 CNY [1] - Zhejiang Shibao (01057) ranks third with a premium rate of 264.95%, H-share at 4.650 HKD and A-share at 14.17 CNY [1] Bottom AH Share Premium Rates - Ningde Times (03750) shows a negative premium rate of -15.85%, with H-share at 550.000 HKD and A-share at 386.38 CNY [1] - China Merchants Bank (03968) has a premium rate of -1.59%, H-share at 52.250 HKD and A-share at 42.93 CNY [1] - Heng Rui Pharmaceutical (01276) has a premium rate of 3.59%, H-share at 71.800 HKD and A-share at 62.1 CNY [1] Top AH Share Deviation Values - Zhejiang Shibao (01057) leads with a deviation value of 27.23% [1] - Hongye Futures (03678) has a deviation value of 25.25% [1] - Sinopec Oilfield Service (01033) follows with a deviation value of 20.25% [1] Bottom AH Share Deviation Values - Andeli Juice (02218) has the lowest deviation value at -25.93% [1] - China Life (02628) follows with -19.73% [1] - CNOOC Services (02883) has a deviation value of -13.96% [1]