H-Shares

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H-Shares

Shares in Chinese companies that trade on the Hong Kong Stock Exchange. H-shares are denominated in Hong Kong dollars and allow companies incorporated in the People's Republic of China to have access to capital from Hong Kong. H-Shares are subject to Chinese regulations and are included on the Hang Seng index.
References in periodicals archive ?
The IPO of PICC gained the highest profile among the H-share projects in Hong Kong in the past two years.
The H-share listing is part of the bank's plan to boost capital, the bank's chairman, Tang Shuangning, said.
The investors, including Temasek and Qatar's sovereign fund, are anticipated to invest between USD100m and USD1bn each in the lender's Hong Kong H-share issue, the sources said.
Also on April 14, 2015, TBEA announced Xinte Energy's H-share IPO plan.
ICBC is also the only H-share listed bank to win the award this year.
Great Eastern, which is 87 percent-owned by Oversea-Chinese Banking Corporation (OCBC) (O39.SG), has said that it will subscribe to the overseas foreign-invested ordinary shares Hong Kong component, or H-Share component, of the offering.
13 April 2010 - Bank of China (SHA:601398) has hired Bank of China International, Bank of America Merrill Lynch, CCB International, Credit Suisse (VTX:CSGN) and ICBC International to manage its USD6bn (EUR4.4bn) H-share issue, Thomson Reuters' service IFR Asia reports today, quoting banking sources.
Capital announced its cornerstone investment commitment in GF Securities H-Share IPO for US$ 250 million.
Pre-marketing will be initiated by campaign for its H-share listing on Thursday, planning to raise about US$3 billion through a Hong Kong listing.
The bank, formerly known as Guangdong Development Bank, has appointed Goldman Sachs Group Inc (NYSE: GS), Citigroup (NYSE: C), Deutsche Bank AG (NYSE: DB) (DBK.DE), Bank of America Merrill Lynch (NYSE: BAC) and Credit Suisse Group AG (NYSE: CS) (ZHR: CSGN) (CSGN.VX) to advise on the H-share portion of its offering, the source said, adding that the A-share portion will be underwritten by Goldman Sachs (NYSE: GS) Gao Hua Securities Company and Citic Securities (600030.SS).
Goldman Sachs (NYSE:GS), UK's HSBC (LON:HSBA), Citic Securities (SHA:600030) and Bank of Communications International were tipped as the global coordinators for the H-share sale in Hong Kong.
Similarly, all of the cross-border ETFs in mainland market now only invest in H-shares. As the first ETF to invest in both mainland and Hong Kong market, E Fund CES 120 ETF not only resolve issues caused by the different clearing systems in A-share and H-share markets, but also works out the exchange problem for investors holding both RMB and HKD currencies.