# L share

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'''L-Shares''' ({{zh|c=L股}}) refers to Chinese companies [listed](/source/listed_company) on the [London Stock Exchange](/source/London_Stock_Exchange). The listed companies are incorporated in the [Cayman Islands](/source/Cayman_Islands), [Bermuda](/source/Bermuda), [British Virgin Islands](/source/British_Virgin_Islands) and Jersey, but they have their main business operations in [mainland China](/source/mainland_China). 
<ref>{{cite book |title=Chinese stock markets: a research handbook |last=Su |first=Dongwei  |year=2003 |publisher=World Scientific |isbn=978-981-02-4512-2 |page=9 }}</ref> They are listed on the London Stock Exchange according to a memorandum of understanding signed between the [UK](/source/UK) and [China](/source/China)'s relevant authorities on October 7, 1996.<ref>{{cite web |url=http://www.eastlaw.net/research/securities/sec2d.htm |title=Eastlaw.net - China's Securities Experiment: Challenges of the WTO |accessdate=2009-10-31 |url-status=dead |archive-url=https://web.archive.org/web/20090116043644/http://www.eastlaw.net/research/securities/sec2d.htm |archive-date=2009-01-16 }}</ref>

==See also==
*[Chip](/source/Chip_(stock_market))
* [A share](/source/A_share_(mainland_China))
* [B share](/source/B_share_(mainland_China))
* [H share](/source/H_share)
* [Red chip](/source/Red_chip)
* [P chip](/source/P_chip)
* [S chip](/source/S_chip)
* [N share](/source/N_share)
* L share
* [G share](/source/G_share)
* [China Concepts Stock](/source/China_Concepts_Stock)

== References ==

{{Reflist}}

{{DEFAULTSORT:L Share}}
Category:Stock market terminology
Category:Finance in China

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