H share

H shares (Chinese: H股) 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.

H shares are also held by a proxy company HKSCC Nominees Limited.

Price discrepancies between the H shares and the A share counterparts of the same company are not uncommon.^[1] 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.

Index for H shares

The index for H shares was called Hang Seng China Enterprises Index. (Chinese: 恒生中國企業指數).

Hang Seng China Enterprises Index companies of Hong Kong
Tsingtao Brewery Angang Steel Jiangxi Copper Sinopec China Railway Group Limited Dongfeng Motor Group China Telecom Air China ZTE Petrochina Huaneng Power Anhui Conch Cement Longyuan Power China Construction Bank China CITIC Bank Shenhua Energy Sinopharm Group China Shipping Development Yanzhou Coal BYD Company Agricultural Bank of China Industrial and Commercial Bank of China New China Life Insurance China Communications Construction China Coal Energy Minsheng Bank China COSCO GAC Group Ping An Insurance PICC Property and Casualty Company Aluminium Corporation of China China Pacific Insurance China Life Insurance R&F Properties China Oilfield Services Zijin Mining China National Building Material Bank of Communications China Merchants Bank Bank of China CITIC Securities Haitong Securities

See also

• Chip
• A share
• B share
• Red chip companies incorporated outside mainland China but main business was related to mainland China, and listed in Hong Kong Stock Exchange
• P chip
• S chip
• N share
• L share
• G share
• China Concepts Stock

References