Red chip

Red chips stocks (simplified Chinese: 红筹股; traditional Chinese: 紅籌股; pinyin: hóngchóugǔ) 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.

For the token used by Alcoholics Anonymous members, see Sobriety coin.

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.

Stock index of red chips

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

Other red chips

As of 31 October 2017[1] there were 152 red chip companies

This list is incomplete; you can help by expanding it.
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See also

References
  1. "List of Red Chip Companies". Hong Kong Exchanges and Clearing. 31 October 2017. Retrieved 22 November 2017.
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