Red chip stocks (Chinese: 红筹股; pinyin: hóng chóu gǔ; Jyutping: hung4 chau4 gu2) are the stocks of mainland China companies incorporated outside mainland China (often Hong Kong or a British Overseas Territory) and listed in the Stock Exchange of Hong Kong. It refers to businesses based in mainland China and with (majority) shares controlled either directly or indirectly by a government body.
Red chip stocks (Chinese: 红筹股; pinyin: hóng chóu gǔ; Jyutping: hung4 chau4 gu2) are the stocks of mainland China companies incorporated outside mainland China (often Hong Kong or a British Overseas Territory) and listed in the Stock Exchange of Hong Kong. It refers to businesses based in mainland China and with (majority) shares controlled either directly or indirectly by a government body.
Source: Wikipedia "Red chip" · CC BY-SA 4.0
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