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Toh Han Shih
Toh Han Shih
Toh Han Shih was senior Asia correspondent of MLex, a media organisation focusing on regulatory risk, from November 2015 to March 2018. Prior to that, he was a reporter at the South China Morning Post in two stints for roughly 10 years.
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Companies are taking advantage of the bull market in Hong Kong and the mainland to undertake share placements to lower their debt, a trend supported by Beijing after mainland corporate debt has soared to risky levels.

The short selling of Hong Kong stocks over the past two days was largely related to Thursday's sharp market correction, with financial institutions and Hong Kong Exchanges and Clearing (HKEx) among the most heavily sold.

Analysts predict today will see more selling of mainland shares after the sharp correction in the Shanghai, Shenzhen and Hong Kong stock markets yesterday, in a vicious cycle of selling as margin calls accelerate with the falling markets.

The anticipated launch of the Shenzhen-Hong Kong Stock Connect will spur the inclusion of A shares in the widely tracked MSCI index series, experts told the South China Morning Post's Redefining Hong Kong seminar yesterday.