H shares are shares in Chinese companies issued in China under Chinese law.
They are listed on the Hong Kong Stock Exchange and subject to its stringent
listing and disclosure requirements. The shares are denominated in H.K. dollar
and trade like any other shares listed on the Hong Kong Exchange.
There are now 91 companies offering H shares giving exposure to more than a
dozen sectors including Telecommunications, Insurance, Real Estate, Airlines,
Logistics as well as Infrastructure such as roads and electricity, Oil, Mining
and Basic Materials such as steel, cement, aluminum and petrochemicals. They are
required to meet the same standard of disclosure required of all companies
listed on the SEHK.
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