The stock market what is the A shares B shares what is what is the ST what is the G Money Tips

Category: Money Tips Date: 2007-06-06

There are several ways the classification of the stock, you said, according to industry classification is one of them. Of course, by regions such as Shenzhen and Hong Kong stock plate and so on. The concept of classification, such as Microsoft's concept. The classification of the stock there is a general international standard, you can go to look at the Shanghai Stock Exchange.
China Price Limit is 10%!

A company can also be issued a, b, h unit, of course, depends on the specific approval of the department.
Detailed analysis is as follows:

1.A formal name of the yuan shares of common stock. It is by my company with the domestic issue for domestic institutions, organizations or individuals (not including Taiwan, Hong Kong and Macao investors) in RMB subscription and trading shares of common stock, China's A share stock market after several years of rapid development, has been begun to take shape.

2.B unit's official name is yuan special stock. It is based on marked yuan face value of the subscription and trading of foreign currency within the territory (Shanghai, Shenzhen) Stock Exchange trading. Its investors limited to: foreign natural persons, legal persons and other organizations, Hong Kong, Macao and Taiwan region, natural persons, legal persons and other organizations, Chinese citizens residing in foreign countries, China Securities Regulatory Commission and other investors. Investment in B shares at this stage, mainly the above-mentioned types of institutional investors. B-share companies incorporated and listed both in the territory, but investors abroad or in China, Hong Kong, Macau and Taiwan.

The difference is: shares, B shares and H shares of the pricing and distribution of different targets, domestic investors obviously do not have the hype B shares, H shares conditions. In addition, it is worth mentioning that the Shanghai stock market listing dollar-denominated B shares, while the Shenzhen B shares denominated in Hong Kong dollars, so a larger difference between the two cities share price, if the U.S. dollar, Hong Kong dollar to RMB conversion, glance that the two share prices in general unanimously. , Said the letter on behalf of stock classification, less standardized, according to China Securities Regulatory Commission requirements, the stock short must be unified, standardized. It is believed that with the further development of China's stock market, A shares, B shares, H shares and other titles will be history.

ST is a "special handling" special treatment of the abbreviation. (Which is a synonym for junk shares)
April 22, 1998, the Shanghai and Shenzhen Stock Exchange announced that it would the financial situation of the financial conditions and other unusual trading of listed companies for special treatment (English as specialtreatment, abbreviated as "ST"). One exception mainly refers to two situations: First, the two listed companies, the audited net profit for the fiscal year are negative, the second is a listed company's most recent fiscal year, the audited net assets per share less than the face value of the stock. Trading of listed companies has been introduced during the special treatment, its stock should follow the following rules: (1) decrease in restricted stock quotes on up to 5%; (2) stock to change the name of the original shares were preceded by "ST", such as " ST Steel "; (3) A listed company's interim report must be audited.

G Unit is the completion of share-trading of stocks, such as G 31, G Taurus so-called "G board" The concept is derived from regulators or civil society? The split share structure reform pilot office a person tells a basic fact. He said, "At that time there have been name for G board, but not meant to establish an independent panel. Generally refers to the split share structure reform of these companies, that is, G class companies. Therefore, if the regulators said, G board, in fact refers to the G Unit. "

June 17 Sany stock short changed "G 31" and became only the G Unit, China's stock market first.
"G Unit" set up, indicating that the SFC's policy intentions. "No settlement will not be able to refinance full circulation" requirement, but also have more listed companies to report stock reform program. In the second batch of 42 pilot companies, at least Hongsheng Technology, Zhongfu Industry of 10 companies in the re-financing options, accounting for about one quarter.