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Chinese to English translations [PRO]
Bus/Financial - Economics / Securities | | Chinese term or phrase: 非流通股 | 流通性股票
Presumably these translate as circulating and non-circulating shares, but I am not sure what that means exactly or how these differ from 非市場性股票 and
市場性股票 (non-marketable and marketable shares?) |
| | | non-tradable shares (NTS) | Explanation:
Non-tradable shares (NTS) Definition:
"In China, about two-thirds of the shares of listed companies are non-tradable. The policy makers invented "non-tradable shares" in the early 1990s to prevent the so-called loss of state assets. Because they are not in circulation, these non-tradable shares have no real market values, or at least it is difficult to measure their market values. The spilt structure of the stock market has caused many problems, and the government is trying hard to find a proper way for the non-tradable shares to enter the market. But it is a tough job, as it is difficult to balance the interests of all sides concerned." (from Caijing magazine) |
| Selected response from:
Wing-Sze Ho
United States
Local time: 18:12
| Grading comment Many thanks for the reference
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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13 mins confidence:   peer agreement (net): +1
54 mins confidence: peer agreement (net): +5 non-tradable shares (NTS)
Explanation:
Non-tradable shares (NTS) Definition:
"In China, about two-thirds of the shares of listed companies are non-tradable. The policy makers invented "non-tradable shares" in the early 1990s to prevent the so-called loss of state assets. Because they are not in circulation, these non-tradable shares have no real market values, or at least it is difficult to measure their market values. The spilt structure of the stock market has caused many problems, and the government is trying hard to find a proper way for the non-tradable shares to enter the market. But it is a tough job, as it is difficult to balance the interests of all sides concerned." (from Caijing magazine)
| Wing-Sze Ho
United States
Local time: 18:12
Native speaker of:  English, Chinese
PRO pts in category: 8
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| | Grading comment | Many thanks for the reference |
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The translation workplace 
