{"id":979,"date":"2022-10-31T00:00:00","date_gmt":"2022-10-31T00:00:00","guid":{"rendered":"https:\/\/moore-hong-kong.row.moore-global.com\/news\/preferred-shares-valuation\/"},"modified":"2025-12-22T06:49:38","modified_gmt":"2025-12-22T06:49:38","slug":"preferred-shares-valuation","status":"publish","type":"post","link":"https:\/\/www.moore.hk\/zh_hk\/news\/preferred-shares-valuation\/","title":{"rendered":"\u512a\u5148\u80a1\u4e4b\u4f30\u503c"},"content":{"rendered":"<p>\u512a\u5148\u80a1\u4e4b\u4f30\u503c\u6709\u5225\u65bc\u666e\u901a\u80a1\uff0c\u4e3b\u8981\u7531\u65bc\u5176\u5177\u5099\u82e5\u5e72\u7279\u6709\u6b0a\u76ca\u8207\u689d\u6b3e\uff0c\u4f8b\u5982\u512a\u5148\u80a1\u80a1\u606f\u7684\u652f\u4ed8\u3001\u4ee5\uff08\u512a\u60e0\uff09\u50f9\u683c\u8f49\u63db\u70ba\u666e\u901a\u80a1\u7684\u6b0a\u5229\uff0c\u4ee5\u53ca\u65bc\u6e05\u7b97\u4e8b\u4ef6\u4e2d\u512a\u5148\u7372\u5f97\u511f\u4ed8\u7684\u6b0a\u5229\uff08\u300c\u6e05\u7b97\u512a\u5148\u6b0a\u300d\uff09\u3002\u6b64\u5916\uff0c\u5e02\u5834\u4e0a\u4ea6\u53ef\u80fd\u5b58\u5728\u4e0d\u540c\u985e\u5225\u7684\u512a\u5148\u80a1\u53ca\uff0f\u6216\u5176\u4ed6\u5177\u4e0d\u540c\u6b0a\u5229\u5b89\u6392\u7684\u53ef\u8f49\u63db\u8b49\u5238\u3002\u4e0a\u8ff0\u7279\u9ede\u7121\u8ad6\u55ae\u7368\u6216\u7d9c\u5408\u5f71\u97ff\uff0c\u5747\u4f7f\u512a\u5148\u80a1\u7684\u4f30\u503c\u8f03\u666e\u901a\u80a1\u66f4\u70ba\u8907\u96dc\u3002\u00a0<\/p>\n<p>\u672c\u6587\u5c07\u4ecb\u7d39\u512a\u5148\u80a1\u4f30\u503c\u4e2d\u5176\u4e2d\u4e00\u7a2e\u5ee3\u70ba\u63a1\u7528\u7684\u65b9\u6cd5\u2014\u2014\u671f\u6b0a\u5b9a\u50f9\u6cd5\uff08Option\u2011Pricing Method\uff09\uff0c\u4e26\u63a2\u8a0e\u5176\u5728\u5be6\u52d9\u61c9\u7528\u6642\u7684\u4e3b\u8981\u8003\u91cf\u56e0\u7d20\u3002\u00a0<\/p>\n<p class=\"translation-block\">\u8acb<a href=\"https:\/\/www.moore.hk\/wp-content\/uploads\/sites\/7\/2026\/05\/Draft-1TChi-Preferred-Share-Valuation.pdf\" target=\"_self\">\u6309\u6b64<\/a> \u95b1\u8b80\u5168\u6587\u3002<\/p>","protected":false},"excerpt":{"rendered":"<p>Valuing preferred shares differs from valuing ordinary shares due to their features, such as the payment of preferred dividends, the rights to convert the preferred shares into ordinary shares at (favourable) prices and the preferred rights to receive repayment upon liquidation events (\u201cliquidation preference\u201d). In addition, different classes of preferred shares and\/or other convertible securities [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[33],"tags":[],"location":[],"class_list":["post-979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transaction-valuation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Preferred Shares Valuation - Moore Hong Kong<\/title>\n<meta name=\"description\" content=\"This article will explain the widely-known practice for valuing preferred shares - Option-Pricing Method, and its considerations for adoption.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.moore.hk\/zh_hk\/news\/preferred-shares-valuation\/\" \/>\n<meta property=\"og:locale\" content=\"zh_HK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Preferred Shares Valuation\" \/>\n<meta property=\"og:description\" content=\"This article will explain the widely-known practice for valuing preferred shares - 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