B-shares have been stagnant and believe that they will be reformed. At present, pure B shares are expected to go ahead.
2. What are the legal obstacles to using foreign exchange to enter the B-share market?
Foreign exchange is a national reserve. Generally speaking, investment in China is not allowed. At present, CIC uses foreign exchange for overseas investment.
To invest in B-shares, we can relax the foreign exchange purchase quota, allow domestic institutions to invest in B-shares, and freely exchange RMB, thus bypassing legal obstacles, and there will be no problem.
3. If this problem is solved.
Only by closing the B-share market, introducing domestic institutional investors, issuing A-shares and repurchasing, purchasing and issuing B-shares can the B-share reform be successful, the legitimate rights and interests of investors be effectively realized, and the solemn commitment of supervision and management be fulfilled.