What are domestic listed foreign shares?
Domestic listed foreign shares originally refer to the shares raised by joint stock limited companies from overseas investors and listed in China, and the investors are limited to: foreign natural persons, legal persons and other organizations; Natural persons, legal persons and other organizations in Hongkong, Macau and Taiwan Province; China citizens who have settled abroad, etc. Such stocks are called "B shares". B shares take the form of registered shares, with the face value of the shares indicated in RMB, subscribed and traded in foreign currencies, and listed and traded on domestic stock exchanges. However, since the opening of the B-share market to domestic residents in February, 20001year, domestic investors have gradually become important investors in the B-share market, and the nature of foreign shares in B-shares has changed. Domestic residents can use cash deposits and foreign currency cash deposits and foreign exchange funds remitted from abroad to engage in B-share transactions, but foreign currency cash is not allowed.