A-share: Difference between revisions

Created page with "'''A-shares''' are shares of companies incorporated in mainland China that are generally traded on mainland Chinese stock exchanges and denominated in renminbi (RMB). The A-share market is one of the principal components of China's equity market and includes companies from a wide range of industries. A simplified representation is: <math> \text{A-Share} \rightarrow \text{Equity Ownership in a Mainland Chinese Company} </math> ==Marke..."
 
Line 152: Line 152:
\rightarrow
\rightarrow
\text{Settlement}
\text{Settlement}
\end{math>
</math>


Trading rules can include restrictions concerning order types, price movements, settlement, margin financing, short selling, and other market activities.
Trading rules can include restrictions concerning order types, price movements, settlement, margin financing, short selling, and other market activities.
Line 163: Line 163:


<math>
<math>
P_{\text{lower}}
P_{\min}
\leq
\leq
P_t
P_t
\leq
\leq
P_{\text{upper}}
P_{\max}
</math>
</math>


Line 173: Line 173:


* <math>P_t</math> = permitted trading price during the relevant trading session;
* <math>P_t</math> = permitted trading price during the relevant trading session;
* <math>P_{\text{lower}}</math> = applicable lower price limit;
* <math>P_{\min}</math> = applicable minimum price limit;
* <math>P_{\text{upper}}</math> = applicable upper price limit.
* <math>P_{\max}</math> = applicable maximum price limit.


The applicable limits can vary according to the security, market segment, listing status, and exchange rules.
The applicable limits can vary according to the security, market segment, listing status, and exchange rules.