What are Chinese H shares?
What are Chinese H shares?
H-shares refer to the shares issued by Chinese companies incorporated in China and are traded in Hong Kong and other foreign exchanges. Similar to other securities listed on the Hong Kong Stock Exchange, H-shares trade in HKD and do not have any restrictions on who can trade them.
Can Chinese citizens buy H shares?
A-shares are shares of companies based in mainland China that are listed on either the Shanghai or Shenzhen stock exchanges. A-shares are generally only available for trading to mainland Chinese citizens. H-shares are open for trading to all investors.
What is a Class H stock?
Class H Common Stock means the non-voting Class H Common Stock, no par value per share, of the Company and any securities issued in respect thereof, or in substitution therefor, in connection with any stock split, dividend or combination, or any reclassification, recapitalization, merger, consolidation, exchange or …
Where can I buy H shares in China?
In contrast, public Chinese companies offering H-shares are listed on the Hong Kong Stock Exchange. In addition, H-shares are quoted in Hong Kong dollars and freely traded by all types of investors.
Where are B share shares traded in China?
B Share B Shares are securities of Chinese incorporated companies that trade on either the Shanghai or Shenzhen stock exchanges. They are traded in US dollars on the Shanghai Stock Exchange and Hong Kong dollars on the Shenzhen Stock Exchange.
Who is James Chen and what are H shares?
James Chen, CMT, is the former director of investing and trading content at Investopedia. He is an expert trader, investment adviser, and global market strategist. What Are H-Shares? H-shares are shares of Chinese mainland companies that are listed on the Hong Kong Stock Exchange or other foreign exchange.
What are the different types of shares in China?
Publicly traded companies in China generally fall under three share categories: A-shares represent publicly listed Chinese companies that trade on Chinese stock exchanges such as the Shenzhen and Shanghai Stock Exchanges. These stocks trade in yuan renminbi (CNY).