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"H shares refer to a class of shares that are listed on the Hong Kong Stock Exchange and are available for international investors to trade."
What is H Shares?
These shares are issued by Chinese companies incorporated in mainland China and are denominated in Hong Kong dollars. The "H" in H shares stands for "Hong Kong."
H shares were introduced in 1993 as a means to attract foreign investment into Chinese companies. They allow international investors to participate in the growth and performance of Chinese companies and provide a channel for these companies to raise capital from global markets.
H shares are subject to the regulations and disclosure requirements of the Hong Kong Stock Exchange, and they trade alongside other share classes such as A shares (shares listed on mainland China exchanges) and red chips (shares of mainland China companies incorporated outside mainland China).
Investors who wish to trade H shares typically need to go through the necessary procedures and comply with the requirements set by their respective brokers or financial institutions.
Example of H Shares:
Here are a few examples of companies that have issued H shares and are listed on the Hong Kong Stock Exchange:
These are just a few examples, and there are many more companies that have issued H shares and are traded on the Hong Kong Stock Exchange.