Views sought to deal with A and H shares gap |
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The Shanghai Stock Exchange is seeking views from member brokers over its long-term efforts to tackle the split share performances of firms listed in Shanghai and Hong Kong, sources said yesterday. The local bourse has asked brokerages to conduct research on a list of topics, the first of which is how to deal with the disparity between A shares and H shares, according to people familiar with the matter. Brokers have to submit an analysis and proposals by March 12 while the exchange will decide on the most suitable proposal for each topic late this month, the sources said. The research will start in the second quarter, they noted. The A shares are denominated in yuan and open to Chinese mainland investors as well as select overseas institutions. The H shares are issued by mainland-incorporated firms in Hong Kong and accessible to global investors. Trackback(0)
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