From The Standard:
The buoyant China stock market has become the world’s sixth largest – displacing Hong Kong – after mainland shares extended their spectacular gains in the past month.
The combined market capitalization of the Shanghai and Shenzhen bourses, including A shares and B shares, reached 13.95 trillion yuan (HK$14.106 trillion) Tuesday after the Shanghai Composite Index and the Shenzhen Composite Index surged 28.74 percent and 66.85 percent year-to-date, respectively.
After the benchmark Hang Seng Index jumped another 138 points Tuesday, Hong Kong’s bourse had market capitalization of HK$13.9666 trillion.[Full Text]