论文部分内容阅读
B 股市场是我国资本市场国际化的一个重要方面。B 股,即人民币特种股票,或称境内上市外资股,是指境内公司发行的以人民币标明面值,专供境外投资者用外币认购的,在境内上市交易的记名外资股。我国目前不允许发行优先股,因此,B股也都是普通股。中国的 B 股市场创立于1991年。1991年12月18日,深圳南玻集团股份有限公司向境外发行1600万股面值1元的 B 股股票,并于1992年2月28日在深圳证券交易所上市。1992年1月21日,上海真空电子器件股份有限公司发行100万股面值100元的 B 股股票,并先于南玻公司于1992年2月21日在上海证券交易所上市。从
The B-share market is an important aspect of the internationalization of China’s capital market. B-shares, or RMB-denominated special stocks, or domestically listed foreign shares, refer to the registered foreign shares listed and traded in the territory issued by domestic companies that are denominated in Renminbi and are intended for overseas investors to subscribe in foreign currencies. At present, China does not allow the issue of preferred shares, therefore, B shares are also common stock. China’s B-share market was founded in 1991. On December 18, 1991, Shenzhen CSG Group Co., Ltd. issued 16 million B-shares of par value 1 yuan to the overseas market and was listed on the Shenzhen Stock Exchange on February 28, 1992. On January 21, 1992, Shanghai Vacuum Electronic Devices Co., Ltd. issued 1 million B-shares of par value of 100 yuan and was listed on the Shanghai Stock Exchange prior to CSG on February 21, 1992. From