H shares () refer to the shares of companies incorporated in
mainland China
"Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. ...
that are traded on the
Hong Kong Stock Exchange. Many companies float their shares simultaneously on the Hong Kong market and one of the two mainland Chinese
stock exchanges in Shanghai or Shenzhen, they are known as A+H companies.
H shares are also held by a
nominee service company "HKSCC Nominees Limited", which was owned by
Hong Kong Exchanges and Clearing
Hong Kong Exchanges and Clearing Limited (HKEX; , also 香港交易所 or 港交所 ) operates a range of equity, commodity, fixed income and currency markets through its wholly owned subsidiaries The Stock Exchange of Hong Kong Limited (SEHK ...
.
Price discrepancies between the H shares and the
A share counterparts of the same company are not uncommon.
A shares generally trade at a premium to H shares as the
People's Republic of China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
government restricts mainland Chinese people from investing abroad and foreigners from investing in the A-share markets in mainland China.
Index for H shares
The index for H shares was called
Hang Seng China Enterprises Index
Hang Seng China Enterprises Index is a stock market index of The Stock Exchange of Hong Kong for H share, red chip, and P chip.
H share is a class of ordinary share of the mainland China incorporated company that only traded outside the mainlan ...
. ().
See also
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Chip Chromatin immunoprecipitation (ChIP) is a type of immunoprecipitation experimental technique used to investigate the interaction between proteins and DNA in the cell. It aims to determine whether specific proteins are associated with specific genom ...
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A share
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B share
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Red chip
Red chip stocks () are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. It refers to businesses based in mainland China and with (majority) shares controlled either directly or indirectly by a ...
companies incorporated outside mainland China but main business was related to mainland China, and listed in Hong Kong Stock Exchange
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P chip
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S chip S chips () are Chinese companies listed on the Singapore Exchange. Their shares are known as S shares. S chips are incorporated in Singapore, the British Virgin Islands, the Cayman Islands and Bermuda and have their business operations in mainland C ...
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N share N-Shares () refers to Chinese companies listed on the NYSE, NASDAQ, or the NYSE MKT. The term stands for New York. They may or may not be incorporated in China, but they have their main business operations in mainland China. Most of them are incorpo ...
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L share L-Shares () refers to Chinese companies listed on the London Stock Exchange. The listed companies are incorporated in the Cayman Islands, Bermuda, British Virgin Islands and Jersey, but they have their main business operations in mainland China.
...
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G share
G, or g, is the seventh letter in the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''gee'' (pronounced ), plural ''gees''.
History
Th ...
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China Concepts Stock
References
Stock market terminology
Finance in Hong Kong
Finance in China
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