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Stock Terms: What Are Rights Issue And Pfer Rights?

2011/2/23 14:54:00 55

Share Rights Issue

Stock terms: what are rights issue and pfer rights?


Key words: stock terms, stock knowledge, stock entry knowledge, rights issue,

Transfer of shares

Listed companies,

list

Circulating shares


  

Allotment of shares

It is the behavior of listed companies to raise additional funds to the original shareholders according to the relevant regulations and corresponding procedures according to the needs of the development of the company.

According to convention, the original shareholders have the right of first option when the company issues the rights issue.


A pfer share issue is a share that a public company or a legal person shareholder pfers to a public stock due to lack of cash and other shares subscribed by public shareholders.

Transfer rights issue is China.


A unique breed of stock market, which was born in 1994 to 1997.

According to the relevant provisions of the China Securities Regulatory Commission, the pfer rights issue has not been listed for circulation in the past.


In order to promote the healthy development of the securities market, in March 2000, the China Securities Regulatory Commission decided that the pfer of shares would start from April and gradually arrange the circulation of shares in 24 months or so.

The way to go public is in accordance with the time when the pfer rights are issued.


In stages and in batches, it will enter the two tier market.

When a company has multiple pfers, it determines the listing order according to the time of the first pfer of shares, and arranges the listing at the same time.


In Shanghai and Shenzhen two cities, there are 168 companies that have pferred shares, and the total amount of pfer shares is about 3 billion 305 million shares, accounting for 3.96% of the number of A shares in two cities.

Therefore, the pfer of shares is a limited market expansion, generally speaking, the impact on the market is not large, but there are certain risks for the issue of shares issued to the issue of shares.

When investors buy stocks, they should examine whether the listed company has the right to pfer shares.

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