China B shares are also known as Special Renminbi-Denominated Shares, which are shares issued by companies registered in China and listed in Chinese local B market. There are two Chinese local B markets: the Shanghai B shares market and the Shenzhen B shares market. The B shares listed on the shanghai Stock Exchange are settled in US dollars, while the B shares listed on the Shenzhen Stock Exchange are settled in Hong Kong dollars. Starting from June 1, 2001, all legally-owned foreign currency deposits can be used to trade China B shares. Although the local mainland Chinese are allowed to trade China B shares using the legitimate foreign currency deposits, the trading participants of B Shares are still primarily foreign investors.