H-share

For new H-share IPOs, the company has no unlisted share capital.

The empirical results suggest that the price ratio of A-H share fluctuates during the sample period, but increases as a whole.

Shanghai Securities analyst Guo Yanling said using the H-share price as a psychological support for the A-shares is somewhat irrational.

Large-cap stocks led the rally Wednesday as a knee-jerk reaction to the rise of their H-share counterparts.

The qualification means these investors can choose between either the A share or the H share of a given company.

Items below the line and the ratio of related party sales of AH-share companies are not significantly different from pure H-share companies.

Note: Issued amount, total issued capital, total market capitalization and raised capital of shares don't include H share.

The confluence of domestic pessimism and overseas optimism has, then, temporarily eliminated the A-to-H-share premium.

How to determine fair value when A share price significantly differs from H share price?

But some just can't sustain their H-share prices even after the fresh infusion of mainland Chinese cash.

Why would an investor want to buy an A-share when he or she could get the same economic benefits from buying an H share a third cheaper?

This month H share companies concluded their full year 2010 results season. Earnings, on average, beat consensus by about 7 per cent.

Chinese banks went from a 20. 8 per cent share of the H-share market in 2007 to 27. 4 per cent this year, according to Thomson Reuters data.

A shares traded in Shanghai have traditionally sold at a wide premium to their H share counterparts traded in Hong Kong.

the Anshan Iron and Steel Corporation, has been listed in Hong Kong for H-share transactions.

But Chinese stocks listed in Hong Kong remained under fire, with the H share index falling another 3. 2 per cent to a 2? -month low.

Others agree with CLSA's views that Hong Kong's H-share market offers plenty of upside next year.

But Hong Kong-listed Chinese stocks remained under pressure, with the H-share index falling another 0. 6 per cent to a three-week low.

Hong Kong has never absorbed an IPO worth more than $16bn (the H-share tranche of ICBC, in October 2006).

Difference and Interaction of A-share and H-share Markets

Overseas Listing and Financial Constraints: Evidence from H-share Firms

A-share market; dual listed company; H-share discount; market efficiency;

The expectation is that once they are unleashed on the Hong Kong market, retail Chinese investors will chase H-share prices higher.