Red chip
From Wikipedia, the free encyclopedia
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.[1]
[edit] Hang Seng China-Affiliated Corporations Index
33 red chips compose the Hang Seng China-Affiliated Corporations Index (Traditional Chinese:恆生香港中資企業成份股, Simplified Chinese:恒生香港中资企业成分股), and as of 10 March 2008 they are:
- Guangzhou Investment (SEHK: 123)
- CNPC (Hong Kong) (SEHK: 135)
- China Merchants Holdings (SEHK: 144)
- Shenzhen International (SEHK: 152)
- Denway Motors (SEHK: 203)
- Guangdong Investment (SEHK: 270)
- BYD Electronic (SEHK: 285)
- China Resources Enterprise (SEHK: 291)
- Sinofert (SEHK: 297)
- China Travel Hong Kong (SEHK: 308)
- Shanghai Industrial Holdings (SEHK: 363)
- Sinotrans Shipping (SEHK: 368)
- Beijing Enterprises (SEHK: 392)
- China Foods (SEHK: 506)
- Shenzhen Investment (SEHK: 604)
- China Agri-Industries Holdings (SEHK: 606)
- China Overseas (SEHK: 688)
- China Unicom (SEHK: 762)
- Franshion Properties (SEHK: 817)
- China Resources Power (SEHK: 836)
- Tianjin Development (SEHK: 882)
- CNOOC (SEHK: 883)
- China Netcom (SEHK: 906)
- China Mobile (SEHK: 941)
- China Insurance (SEHK: 966)
- Lenovo Group (SEHK: 992)
- GZI Transport (SEHK: 1052)
- China Resources Land (SEHK: 1109)
- COSCO Pacific (SEHK: 1199)
- CITIC Resources (SEHK: 1205)
- China Power International Development (SEHK: 2380)
- Sino-Ocean Land (SEHK: 3377)
- Sinotruk (Hong Kong) (SEHK: 3808)
