Red chip - Misplaced Pages

Type of Chinese company For the token used by Alcoholics Anonymous members, see Sobriety coin.

Red chip stocks (Chinese: 红筹股; pinyin: hóng chóu gǔ; Jyutping: hung chau gu) are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. It refers to businesses based in mainland China and with (majority) shares controlled either directly or indirectly by a government body. This controlling entity could be one or more combinations of the central, provincial or municipal mainland government, with the company listed in Hong Kong to allow private and overseas investment.

The term was coined by Hong Kong economist Alex Tang in 1992 and combines blue chip stocks with "red" representing the Socialist economic philosophy of the People's Republic of China.

Stock index of red chips

The Hang Seng China-Affiliated Corporations Index (HSCCI) is a stock market index of 25 red chip companies.

List of red chip companies

This list is incomplete; you can help by adding missing items. (July 2017)

As of 30 September 2020, there were 267 red chip companies, including:

References

"What are red chip shares? Definition and meaning". Market Business News. Retrieved 22 October 2020.
"List of Red Chip Companies". Hong Kong Exchanges and Clearing. 30 September 2020. Retrieved 23 October 2020.

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Stock index of red chips

List of red chip companies

See also

References