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Appendices - Glossary - N

NASDAQ
National Association of Securities Dealers Automated Quotations【US】
NCP
Non-Clearing Participant or Non-Clearing Options Trading Participant【options trading】
NDF
Non-deliverable forward contract
Net asset value (NAV) of fund
NAV of an investment fund refers to the total value of the fund’s underlying investment portfolio, less any fees, charges, expenses and other liabilities accrued by the fund.
Net asset value per share
Useful check for investors that can be related to the firm’s earning capacity. (net assets of a company (in $) / number of issued shares) For example: XYZ Ltd with $100,000 net assets and 10,000 shares issued has an Asset Backing of $10.00 per share.
NETS
National Electronic Trading System (NETS) was an elecronic trading system in manland China, which is no longer exist.
New HSMCI
New Hang Seng MidCap 50 Index
NHMPE
non-H-share Mainland private enterprise
N-share
The share of a Mainland Chinese company listed on the New York Stock Exchange.

 
 
 
   
 
 
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