Foreign natural persons and legal persons in China, Taiwan, Hong Kong and Macao, and China citizens who have settled overseas. Domestic individual investors, China's B shares are only open to domestic individual residents, and domestic legal entities cannot invest in B shares yet. Other investors as stipulated by China Securities Regulatory Commission.

if investors want to buy and sell b shares in Shenzhen and Shanghai stock exchanges, they should open a b-share account in advance.

Difference:

1. Different investors: The investors in B shares are residents and foreigners from Hongkong, Macau and Taiwan Province, and mainland residents with legal foreign exchange deposits can also invest. A shares are ordinary shares registered in Chinese mainland and listed in Chinese mainland, which are subscribed and traded in RMB.

2. Different liquidity: The liquidity of B shares is not as good as that of A shares, so the share price of B shares has been discounted to A shares for a long time, and the valuation is obvious.

3. Different categories: A shares are RMB-paid shares issued by listed companies. B shares are shares issued by listed companies and paid in US dollars.

Extended information:

Precautions:

1. B shares were originally sold by general purchase, and now designated transactions must be handled. When the B-share stock account is opened, the account will be designated in the territory of the member who opened the account. Individual residents can only designate and trade in the domestic member, but not in the overseas B-share securities institutions.

2. Counter-tap trading is limited to the transfer of shares by agreement between different investors and the shares are entrusted to the same securities firm.

3. The number of each transaction must reach more than 5, shares, and the securities firm shall report the relevant information of the transaction to the exchange in time. After the transaction is accepted by the exchange's transaction system, it is irrevocable.

4. The upper limit of the price of hedging transaction is determined by the principle that the closing price of the previous trading day plus 2 prices or the price of the current day is higher, and the lower limit is also determined by the principle that the closing price of the previous business day minus 2 prices or the lowest price of the current day is lower.

Baidu Encyclopedia -B shares

Baidu Encyclopedia -A shares