A Huffalump did his business here...: China : A and B Share Markets May Merge

Tuesday, September 26, 2006

China : A and B Share Markets May Merge

Following the recent reforms of the stock market in China, one of the big questions is…will they or wont they merge the A and B share markets? It is not the first time this has been suggested, and the punters have got it wrong before, but new rumours have resulted in recent gains for the US dollar-traded B shares. Bloomberg reports:

“’There are rumors going around the market that the securities regulator is studying a merger between A and B shares’, said Zhang Qi, a market analyst with Haitong Securities in Shanghai. ‘If a merger takes place, holders of B shares will benefit’.”

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