Red chip
Red chip stocks (simplified Chinese: 红筹
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.[1]
Stock index of red chips[edit]
The Hang Seng China-Affiliated Corporations Index (HSCCI) is a stock market index of 25 red chip companies.
List of red chip companies[edit]
As of 30 September 2020[update], there were 267 red chip companies, including:[2]
- APT Satellite Holdings
- China Aerospace International Holdings
- China Development Bank International Investment
- China Energine
- China Mobile Ltd
- China Overseas Land and Investment
- China Petroleum & Chemical Corporation
- China Resources Enterprise
- China Telecom Corp., Ltd.
- China Unicom (Hong Kong) Limited
- China Zheshang Bank
- Chongqing Iron and Steel Company
- Cosco Shipping
- Goldwind
- Guangzhou Automobile Group Co Ltd
- Lenovo
- Peking University Resources (Holdings)
- PetroChina
- SMIC
- Tong Ren Tang
- Tsingtao Brewery
- Zijin Mining Group
- ZTE Corporation
See also[edit]
References[edit]
- ^ "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.