China mainland shares rise after holiday but Hong Kong index falls 10%

China mainland shares rise after holiday but Hong Kong index falls 10%

HONG KONG — Dannie Li, a 30-year-old with 140,000 yuan ($19,840) in China stock funds, could not wait for the mainland markets to reopen Tuesday after a seven-day National Day break. Shares were on a government-stimulus-fueled tear before the holidays, and Li had seen enough.

“Once I get all my investment capital back, I will exit the A-shares market for good,” she said. “The stocks should have few more days to rally. But it’s proven to be a policy-driven market that I don’t trust anymore.”



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