Red chip

Red chips stocks (traditional Chinese: 紅籌股, simplified Chinese: 红筹股) are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. The actual business is based in mainland China and usually controlled by shareholders in mainland China. The word "red" represents the Peoples' Republic of China and the Chinese Communist Party. The term was coined by Hong Kong economist Alex Tang in 1992. [ [http://www.cpy.com.hk/institutional/iresearch/team_profile.htm Core Pacific - Yamaichi: Institutional Services ] ]

Hang Seng China-Affiliated Corporations Index

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red chip — ➔ chip * * * red chip UK US noun [C] (also red chip company) STOCK MARKET ► a share in a Chinese company that is traded on the Hong Kong stock market: »Red chips fell heavily on Monday. red chip adjective [before noun] … Financial and business terms
red-chip — UK US noun [C] (also red chip company) STOCK MARKET ► a share in a Chinese company that is traded on the Hong Kong stock market: »Red chips fell heavily on Monday. red chip adjective [before noun] ► »The red chip index rose 4.93% to 725.57 … Financial and business terms
Red Chip — A company based in Mainland China that is incorporated internationally and listed on the Hong Kong Stock Exchange. Red chip stocks are expected to maintain the filing and reporting requirements of the Hong Kong exchange, which makes them a main… … Investment dictionary
red-chip — adj. Describes a stock issued for a publicly traded Chinese company. Example Citation: A lesser people would be stuffing their money into a mattress. Hong Kongers are stuffing it into Chinese companies, the so called red chip stocks that have… … New words
red chip company — ➔ company … Financial and business terms
red chip share — ➔ Share … Financial and business terms
red chip stock — ➔ stock1 … Financial and business terms
red chip — noun A stock or other investment in perceived high value and reliable company of the Peoples Republic of China. See Also: blue chip … Wiktionary
chip — [tʆɪp] noun 1. also silicon chip [countable] COMPUTING a small electronic device, used in a computer to store information, organize the computer s operating system, run programs etc; = MICROCHIP: • … Financial and business terms
red chips — Shares of top quality Asian companies. ► “As if to confirm the vote of confidence in Hong Kong’s future a growing number of red chip companies, Hong Kong– listed companies with substantial interests in mainland business, are seeking a listing… … American business jargon

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Red chip

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