Melody He-Chen, partner at DLA Piper said: "The successful listing of Zhuangyuan Pasture's H-share has demonstrated the strong execution capability of our capital markets practice group, which also successfully completed the red-chip
listing and IPO of China Greenfresh Group in May this year.
As the only red-chip
company of Sinopec currently listed in Hong Kong, Sinopec Kantons Holdings Limited is a key representation of Sinopec's diversified capital.
Local people can invest in red-chip
stocks and H stocks in Hong Kong and Macao bourses, via re-consignment with domestic securities firms.
Financial conditions for other international trust and investment corporations and red-chip
companies (government-backed enterprises) can be expected to be tightened after this latest revision of expectations,'' he said.
Unable to invest in Chinese securities directly, many domestic insurance firms have switched to invest in red-chip
shares and Chinese state-enterprises shares on the Hong Kong bourse.
Presently, local people can invest in red-chip
stocks and H stocks on Hong Kong and Macao bourses via re-consignment with domestic securities firms.
Recently Cathay Life has increased investments in the H-shares and red-chip
shares of the Hong Kong Stock Market, and will likely be a qualified foreign institutional investor (QFII) according to Chinese authorities, enabling it to invest in China's stock and bond markets.
These include the nearly 200 H-share and red-chip
companies listed on The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of HKEx, stock futures and stock options on individual H shares and red chips, H-shares Index Futures and H-shares Index Options.
Meanwhile, overseas warrants issued by domestic securities firms will also hit the road today, enabling domestic investors to invest indirectly in red-chip
stocks on the Hong Kong bourse, such as China Mobile, Lenovo, and Alibaba.
Huang said Taiwan's institutional investors are very interested to be foreign institutional investors in China, and private investors in Taiwan are allowed to invest in red-chip
shares traded in Hong Kong.
26, 2010 (CENS)--In line with the policy of the financial market opening across Taiwan Strait, Taiwan's securities firms will be able to deal in red-chip stocks in Hong Kong, either on the consignment of customers or for their own investment, announced the Financial Supervisory Commission (FSC) yesterday (Feb.
Meanwhile, the FSC will also allow securities firms and other financial institutions to issue call/put warrants based on foreign securities, including China-related stocks in Hong Kong, offering local investors another channel for investing in red-chip stocks and China-registered stocks listed in Hong Kong.