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25.
A summary
of the securities issued in China over
the past decade is given in the following table:
Securities issued in China
Total amount of securities issued
Rmb Bn
381.7
during 1981-1992
++
Turnover in organised markets
in 1992
104.4
Public organised markets
Numbers listed
(as at mid-August 1993)
A shares
B shares
*
H shares
Bonds
Warrants
Convertible bonds
Market capitalisation
(Rmb Bn as at end-May 1993)
Notes:
(+)
Shanghai
Shenzhen
Total
3 1
34
12
424
39
73
18
30
4
LAA
4
1
1
1
1
113
176.6
141.1
317.7
For details of the major types of
securities
issued
in China, see
Annex II.
(++)
admitted.
Some of the markets are confined only to institutions and individuals are not A major example is the Securities Trading Automated Quotation System, which is
a computer-based over-the-counter securities trading and clearing system where both legal person shares and other securities are traded. In addition, there are exchanges for trading in bonds only e.g. in Tianjin, Wuhan and Chengdu.
(*) Listed on the Hong Kong Stock Exchange.
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