H-shares

E245429

H-shares are shares of companies incorporated in mainland China that are traded on the Hong Kong Stock Exchange and denominated in Hong Kong dollars.

All labels observed (2)

Label Occurrences
H-shares canonical 3
Alibaba Group ordinary shares 1

How this entity was disambiguated

Statements (51)

Predicate Object
instanceOf Chinese stock category ⓘ
equity security ⓘ
share class ⓘ
accessibleTo Hong Kong investors ⓘ
international investors ⓘ
mainland Chinese investors via Stock Connect ⓘ
allowForeignOwnership yes, generally without quota limits on HKEX ⓘ
canBeIncludedIn FTSE China indices ⓘ
Hang Seng indices ⓘ
MSCI China indices ⓘ
comparedWith A-shares ⓘ
B-shares ⓘ
P-chips ⓘ
red-chip shares ⓘ
corporateActionsProcessedThrough Hong Kong market infrastructure ⓘ
currencyRisk exposed to HKD exchange rate movements ⓘ
denominatedIn Hong Kong dollar ⓘ
dividendsPaidIn Hong Kong dollar ⓘ
firstIntroducedIn 1990s ⓘ
governedBy Companies Ordinance of Hong Kong (for listing requirements) ⓘ
PRC Company Law (for issuer incorporation) ⓘ
investorBase global institutional investors ⓘ
retail investors in Hong Kong ⓘ
issuedByCompaniesIncorporatedIn mainland China ⓘ
issuerDomicile mainland China ⓘ
jurisdictionOfIncorporation People's Republic of China ⓘ
linked to: China
liquidity generally high for large-cap issuers ⓘ
listedUnderLegalFramework Hong Kong listing rules ⓘ
marketSegment China-related securities on HKEX ⓘ
notableFeature issued by PRC-incorporated companies but listed offshore in Hong Kong ⓘ
oftenExhibit price discount or premium relative to A-shares of same issuer ⓘ
pricingMechanism determined by supply and demand on HKEX ⓘ
primaryListingLocation Hong Kong ⓘ
linked to: Hong Kong, China
regulatorOfIssuer China Securities Regulatory Commission ⓘ
regulatorOfListingMarket Hong Kong Securities and Futures Commission ⓘ
riskFactorsInclude PRC regulatory risk ⓘ
corporate governance risk ⓘ
currency risk between HKD and investor home currency ⓘ
settlementSystem Hong Kong Central Clearing and Settlement System ⓘ
subjectTo Hong Kong corporate governance code (for listed companies) ⓘ
Hong Kong disclosure requirements ⓘ
Hong Kong stamp duty on share transfers ⓘ
PRC regulations on overseas listings ⓘ
taxConsiderationsInclude PRC withholding tax on dividends (subject to treaties) ⓘ
tradedOn Hong Kong Stock Exchange ⓘ
tradingHoursFollow Hong Kong Stock Exchange trading hours ⓘ
typicalInvestorsInclude China-focused equity funds ⓘ
Hong Kong retail investors ⓘ
global emerging markets funds ⓘ
usedFor portfolio diversification into mainland Chinese companies ⓘ
votingRights usually equal to domestic shares of same issuer ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

A-shares → comparedTo → H-shares ⓘ
SEHK:9988 → isShareClassOf → Alibaba Group ordinary shares ⓘ
linked to: H-shares