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Introductory note: Chinese Equity Markets

31. Juli 2008



"Hot money" flows but long-term potential

This introductory note looks at where Chinese equities are traded.
Equities have been listed in Shanghai and Shenzhen only since 1990. In 1997 China gained Hong Kong but this is a Special Administrative Region. Chinese companies list A, B, or H shares. Until reforms in 2005, Chinese companies had both tradable and generally state-owned non-tradable shares. By December 2007 1,298 or 98% of companies had addressed two types of shares. Tradable share holders usually received...


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