一文了解A、B、G、H、L、N股

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Name
名称

Description
描述

A share
A

Company listed in Shanghai or Shenzhen and traded in renminbi
在上海或深圳上市并以人民币交易的公司(发行的股票)

B share
B

Company listed in Shanghai or Shenzhen and traded in a foreign currency
在上海或深圳上市并以外币交易的公司(发行的股票)

G share
G

Company listed in China that have accomplished stock right division reform
中国上市已完成股权分置改革的公司(发行的股票)

H share
H

Company incorporated in China listed in Hong Kong
在中国注册成立并在香港上市的公司(发行的股票)

L share
L

Company incorporated in the Cayman Islands, Bermuda, or the British Virgin Islands operating in China and listed in London
在开曼群岛、百慕大或英属维尔京群岛注册成立在中国运营并在伦敦上市的公司(发行的股票)

N share
N

Company operating in China and listed on NYSE or NASDAQ
在中国运营并在纽约证券交易所或纳斯达克上市的公司(发行的股票)

 

A Share
A

A shares (Chinese: A), also known as domestic shares (Chinese: 内资股) are shares that are denominated in Renminbi and traded in the Shanghai and Shenzhen stock exchanges, as well as the National Equities Exchange and Quotations.
A股(英文A Shares), 也称为内资股(中文:内资股) 是指以人民币计价并在上海和深圳证券交易以及全国股份转让系统交易的股票。

 

These are in contrast to B shares that are denominated in foreign currency and traded in Shanghai and Shenzhen, as well as H shares, that are denominated in Hong Kong dollars and traded in the Stock Exchange of Hong Kong.
之相对的是,以外币计价并在上海和深圳交易的B股以及以香港元计价并在香港联合交易所交易的H股。

 

(英文来源:https://en.wikipedia.org/wiki/A-share_(mainland_China)

 

B share
B

B shares (Chinese: B, officially Domestically Listed Foreign Investment Shares) on the Shanghai and Shenzhen stock exchanges refers to those that are traded in foreign currencies. Shares that are traded on the two mainland Chinese stock exchanges in Renminbi, the currency in mainland China, are called A shares.
B股(英文B Shares, 在上海和深圳证券交易所上市的外国投资股票)是指以外币交易的股票。在中国大陆两个证券交易所以人民币(中国大陆的货币)交易的股票称为A股。

 

(英文来源:https://en.wikipedia.org/wiki/B-share_(mainland_China)

 

G share
G

G shares (Chinese: G) refers to shares traded in the stock exchanges of mainland China that belong to companies that have accomplished stock right division reforms, and have regained business on the market. Owing to the provisional designation of the letter "G" for such stocks during testing of a proposed bill, the category of industries were referred to as the "G board", and the shares as "G shares".
G股(英文G Shares) 是指在中国大陆证券交易所交易的股,属于已完成股权分置改革并已恢复市场业务的公司。由于在对拟议法案进行测试期间,此类股票临时指定了字母G,因此行业类别被称为G被称为G股。

 

(英文来源:https://en.wikipedia.org/wiki/G_share

 

H share
H

H shares (Chinese: H) refer to the shares of companies incorporated in mainland 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股(英文H Shares) 指在中国大陆注册成立的公司在香港证券交易所交易的股票。许多公司同时在香港市场和上海或深圳的两个中国大陆证券交易所之一上市,它们被称为A+H公司。

 

H shares are also held by a nominee service company "HKSCC Nominees Limited", which was owned by Hong Kong Exchanges and Clearing.
H股也由提名服务公司HKSCC Nominees Limited持有,该公司为香港交易所和结算所所有。

 

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 government restricts mainland Chinese people from investing abroad and foreigners from investing in the A-share markets in mainland China.
同一家公司的H股和A股之间的价格差异并不罕见。由于中华人民共和国政府限制中国内地人在海外投资,以及外国人在中国内地A股市场投资,A股通常比H股溢价。

 

(英文来源:https://en.wikipedia.org/wiki/H_share

 

L share
L

L-Shares (Chinese: L) 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. They are listed on the London Stock Exchange according to a memorandum of understanding signed between the UK and China's relevant authorities on October 7, 1996.
L股(英文L-Shares 指在伦敦证券交易所上市的中国公司的股票。这些上市公司在开曼群岛、百慕大、英属维尔京群岛和泽西岛注册成立,但其主要业务在中国大陆。根据1996107日英国与中国有关当局签署的谅解备忘录,它们在伦敦证券交易所上市。

 

(英文来源:https://en.wikipedia.org/wiki/L_share

 

N share
N

N-Shares (Chinese: N) 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 incorporated in Bermuda, the Cayman Islands, the British Virgin Islands, Nevada or Delaware. If they have been incorporated in mainland China, they trade as ADRs of H Shares. If they have been incorporated in Hong Kong, they trade as ADRs of Red chips. If they have been incorporated in Nevada, Delaware or Florida, they might have originated as reverse mergers. Most N-Shares are the American exchange equivalent of P-Chips.
N股(英文N-Shares) 指在纽约证券交易所、纳斯达克或纽约证券交易所上市的中国公司。这个词代表纽约。他们可能在中国注册成立,也可能不在中国注册,但主要业务在中国大陆。其中大多数在百慕大、开曼群岛、英属维尔京群岛、内华达州或特拉华州注册成立。如果它们在中国大陆注册成立,则作为H股的ADR进行交易。如果它们是在香港注册成立的,则作为红筹股的ADR交易。如果它们是在内华达州、特拉华州或佛罗里达州注册成立的,它们可能起源于反向合并。大多数N股是相当于P-Chips的美国交易所。

 

However, the term N-Shares may only refer to private sector Chinese companies incorporated outside China, which excludes ADRs of H Shares or Red chips.
然而,N一词可能仅指在中国境外注册的中国私营企业,不包括H股或红筹ADR

 

(英文来源:https://en.wikipedia.org/wiki/N-Shares

发布于 2023-03-08 14:40:11
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