日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区


Home
Domestic
World
Business & Trade
Culture &
Science
Travel
Society
Government
Opinions
Policy Making
in Depth
People
Investment
Life
News of
This Week
Books / Reviews
Learning
Chinese


B-share companies to issue A shares

While the country witnesses B-share mania, an increasing number of B-share issuing companies are also turning to the A-share market for more financing opportunities.

Analysts believe that encouraging B-share issuers to issue A shares is a more market-orientated way of merging the A- and B-share market. The process will help narrow the price gap between A and B shares by market adjustments instead of administrative orders.

"This is especially so if we take into consideration the Chinese authorities' attitude towards merging the two markets," said Wu Minglong, an analyst with www.eefoo.com, a leading securities website in China. China's authorities do not expect the markets will merge in less than 10 years.

China Securities Regulatory Commission Chairman Zhou Xiaochuan and Anthony Neoh, chief adviser of the commission, said the merging of A- and B-share markets was not likely to happen in the very near future.

Wu made the remark after yesterday's roadshow in Shanghai, held by the Shanghai Matsuoka Company Limited, a Sino-foreign company specializing in clothing and special printing.

The company, which issued more than 300 million B shares in 1999, will launch 100 million A shares on the Shanghai Stock Exchange tomorrow.

It is the first B-share issuer in China to issue A shares after the opening up of B shares for domestic investors last week.

Not long before the opening up, several B-share issuers also issued A shares, including the Zhenghua Port Machinery Co.,Ltd and the Changyu Wine Production Co Ltd.

Wu said the trading amount and liquidity of B shares was still not comparable to those in the A-share market, despite last week's opening up.

If B-share issuers can increase or issue new A shares, they can gain better access to capital and strengthen their financial power, Wu said.

"As a result, investors' confidence can push up B-share prices to be closer to their A share prices and help achieve a natural merging."

(China Daily 03/08/2001)


In This Series

References

Archive

Web Link

Copyright © 2001 China Internet Information Center. All Rights Reserved
E-mail:
webmaster@china.org.cn Tel: 86-10-68996214/15/16
主站蜘蛛池模板: 常德市| 彰武县| 西充县| 福清市| 玉溪市| 宁蒗| 桐梓县| 巴彦淖尔市| 青浦区| 汽车| 都兰县| 张家口市| 兰坪| 昌都县| 从化市| 嘉定区| 沈丘县| 崇明县| 新营市| 菏泽市| 武邑县| 望江县| 抚顺县| 云浮市| 科尔| 台中市| 长葛市| 宾川县| 惠水县| 安塞县| 甘谷县| 衡水市| 左云县| 平罗县| 金川县| 顺昌县| 油尖旺区| 枞阳县| 永顺县| 龙泉市| 望城县|