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Red chips stocks (simplified Chinese: ???; traditional Chinese: ???; pinyin: hóngchóug?) are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. These businesses are based in mainland China and controlled, either directly or indirectly, by the central, provincial or municipal governments of the People's Republic of China but listed in Hong Kong to allow overseas investment in the companies.
The term was coined by Hong Kong economist Alex Tang in 1992 and is a play on term blue chip stocks with the word "red" representing the People's Republic of China and the Chinese Communist Party.
Video Red chip
Stock index of red chips
Maps Red chip
Other red chips
As of 31 October 2017 there were 152 red chip companies
- APT Satellite Holdings
- China Aerospace International Holdings
- China Development Bank International Investment
- China Energine
- Peking University Resources (Holdings)
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See also
- Chip
- A share
- B share
- H share
- Green Chip
- P chip
- S chip
- N share
- L share
- G share
- China Concepts Stock
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References
Source of article : Wikipedia
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