Out of the loop: provincial bourses are on hold for the time being

Article Abstract:

The reestablishment by China of stock trading in two cities has led to the mushrooming of small bourses in the provinces. Some have been approved while others are still waiting for the go-signal from the national government to proceed. The stock market fever has been contagious. A typical example of a provincial bourse in that of Shenyang in Liaoning Province located in northeastern China. Activity in the bourse does not yet qualify it as a real stockmarket. However, everything is done according to the rules of the securities industry and there is unbridled optimism in its eventual success.

Security and commodity exchanges, Security brokers and dealers, Economic aspects, Cover Story, Stock-exchange, Stock exchanges, Securities industry

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Bs in the honey pot

Article Abstract:

Chinese stock market officials are opening up the country's equities market to foreigners. On Apr 1992, five Chinese companies will offer 104 million B shares worth $65 million on the Shenzhen Stock Exchange. The Shanghai Stock Exchange also plans to offer $100 million worth of B shares to foreign investors annually. Officials are also looking into the possibility of allowing foreign securities brokerages to trade in the stock market.

Corporations, Corporations, Chinese

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