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Definition of 'A-Shares'
Shares in mainland China-based companies that trade on Chinese stock exchanges such as the Shanghai Stock Exchange and the Shenzhen Stock Exchange. A-shares are generally only available for purchase by mainland citizens; foreign investment is only allowed through a tightly-regulated structure known as the Qualified Foreign Institutional Investor (QFII) system.
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Investopedia explains 'A-Shares'
Most companies listed on Chinese exchanges will offer two shares classes: A-shares and B-shares. B-shares are quoted in foreign currencies (such as the U.S. dollar) and are open to both domestic and foreign investment (provided that locals set up a foreign currency account), while A-shares are only quoted in Chinese renminbi.
A-shares experienced explosive growth in the 2005-2007 period as restrictions preventing investment by Chinese citizens slowly began to peel away. In fact, demand was so high for A-shares that they would trade for much higher valuations than what the same stock could be purchased for on a different exchange.
The Peoples’ Republic of China is working to blend the two classes of stock together, and eventually allow direct foreign investment in mainland companies. It is one of many major financial reforms that the advanced economies of the world hope will occur in the next several years; there is a tremendous amount of pent-up demand for Chinese equity, provided that regulations become uniform and reporting requirements are in-line with global standards.
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Search results for 'A-Shares'
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http://www.investopedia.com/ask/answers/05/070405.asp
... Usually, Class A shares are superior to Class B shares, but there is no standard
nomenclature for multiple share classes - sometimes Class B shares have more ...
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http://www.investopedia.com/articles/fundamental/04/092204.asp
... Each of the Class B shares reserved for Google insiders would carry 10 votes, while
ordinary Class A shares sold to the public would get just one vote. ...
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http://www.investopedia.com/exam-guide/series-26/investment-companies/classes-fund-shares.asp
... Class A Shares: Class A shares usually have front-end loads. ... Once the CDSCs are
reduced to zero, these funds convert from B shares to A shares. ...
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http://stocks.investopedia.com/stock-analysis/2008/Dillards-Shareholder-Battle-Turns-Nasty-DDS1031.aspx
... The Class A shares trade on the New York Stock Exchange (NYSE) and are widely held,
while the Dillard family owns virtually all of the Class B shares through ...
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http://www.investopedia.com/ask/ViewFAQPrintable.aspx?url=%2fask%2fanswers%2f136.asp
... These different classes - 'A', 'B' and 'C' - all are characterized by their different
load structures. 'A' shares generally denote a front-load charge. ...
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http://www.investopedia.com/articles/mutualfund/10/future-mutual-funds.asp
... point. Mutual funds are sold in a variety of share classes, with A-shares,
B-shares and C-shares being the primary varieties. Ongoing ...
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http://stocks.investopedia.com/stock-analysis/2010/Keeley-Assets-Interesting-Trio-WLT-WAC-MWA-AVTR0812.aspx
... billion in annual revenue. One year later, it sold 25 million Class A shares
at $16 each in its initial public offering. On December 14 ...
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http://www.investopedia.com/ask/answers/136.asp
... These different classes - 'A', 'B' and 'C' - all are characterized by their different
load structures. 'A' shares generally denote a front-load charge. ...
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http://stocks.investopedia.com/stock-analysis/2011/Play-The-Molex-Discount-MOLX-MOLXA-RIMM-NOK-APH0707.aspx
... First, it's important to note that the Class A shares are non-voting and represent
approximately 45.2% of the 176 million shares outstanding. ...
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http://www.investopedia.com/articles/mutualfund/05/shareclass.asp
... classes of shares for a particular fund, there are three main types of mutual fund
classes that are most popular: A, B and C (also known as A-shares, B-shares ...
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