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By the end of 2006, there were 1325 Chinese A share and 108 B share rms listed on the SHSE and SZSE. Among them, 86 companies had issued both A shares and B shares. Meanwhile, of 143 H share rms listed on the Hong Kong exchange, 32 have also issued A shares. Under Chinese regulation, A and B shares, or A and H shares, issued by the same company, are legally identical, allowing their holders equal voting and ownership rights. However, for the facts that RMB is non-convertible and the H market being restricted to international investors only, the A, B and H markets are in.