Following a dismal 2021 performance, Chinese equities have rallied so far this year, as investors begin moving into sectors that were previously untouchable due to an uncertain regulatory outlook.
Despite fewer initial public offerings in Asia ex-Japan last month, the largest eight offerings that are trading performed positively up to January 31.
Beijing has been busy this year, introducing and repealing a circuit breaker, and adding share selling restrictions. The approach puts Hong Kong in a good light.