Red Chip


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Red Chip

A stock in a company operating in the People's Republic of China that trades on the Hong Kong Stock Exchange. Generally speaking, only Chinese citizens are allowed to invest on Chinese stock exchanges. Red chips are therefore separately incorporated in Hong Kong in order to allow foreign investment in Chinese companies. The term refers to the color red, which is the official color of the Communist party.
References in periodicals archive ?
Being a multinational architectural practice with more than 550 staff, the Group pays close attention to building long-term relationships with its clients, including blue chip and red chip property developers.
It is available in three exterior colours, Red Chip, White Mega and Black Net.
He said he dealt with the highly volatile red chip market as there was more chance to make quick money, compared to the more stable blue chip market.
30 per share when Red chip first issued coverage on November 28, 2005, the stock continues to make new highs, up 315%.
At the start of each round teams select blue and red chip output from a production function.
No cause for excitement yet; we were after bigger and better things: the Red Chip Buck.
If a red chip is drawn, you shall receive 10,000 francs for each red certificate you own, and no dividend on the yellow certificates.
Nitin Thakrar, who is managing director of Research House UK, based in Electric Wharf, has set up Red Chip UK, in Puna.
If you judged that his/her choice was incorrect, please put a red chip into his/her cup.
2001), red chip companies are requesting future access to the A markets, via China Depositary Receipts, to gain RMB capital at price/earnings multiples of up to 50 or 60.
Asian companies, in particular some red chip companies, have been taken off clients' lists because they don't understand this concept," said Mr Anthony Burpee, London-based sales director for DBS Securities.
Hong Kong residents have responded enthusiastically to China's red chip offerings, sometimes over subscribing issues.