Glossary entry (derived from question below)
Chinese term or phrase:
非流通股
English translation:
non-tradable shares (NTS)
Added to glossary by
Wing-Sze Ho
Apr 22, 2008 20:29
16 yrs ago
Chinese term
非流通股
Chinese to English
Bus/Financial
Economics
Securities
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?)
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?)
Proposed translations
(English)
5 +5 | non-tradable shares (NTS) | Wing-Sze Ho |
4 +1 | non-circulating shares | Yi Yuan (X) |
Change log
Apr 27, 2008 21:55: Wing-Sze Ho Created KOG entry
Proposed translations
+5
54 mins
Selected
non-tradable shares (NTS)
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)
"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)
4 KudoZ points awarded for this answer.
Comment: "Many thanks for the reference"
+1
13 mins
non-circulating shares
non-circulating shares vs. circulating shares.
Peer comment(s):
agree |
karcsy
: www.china-review.org/news/manage/image/42164520.doc
20 hrs
|
Thank you.
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