Hang Seng China Enterprises Index is a stock market index of The Stock Exchange of Hong Kong for H shares, red chip stocks, and P chips.
H share is a class of ordinary share of the mainland China incorporated company that only traded outside the mainland China; all of these companies were majority owned by the central or regional Chinese government. In contrast, civilian-run enterprises of the mainland China listed their companies in Hong Kong using "foreign"-incorporated holding companies as P chip (either Bermuda, the Cayman Islands or Hong Kong); those using the same method but majority owned by the central or regional Chinese government, was known as red chip; red chip had their own separated index.
In August 2017, it was announced that the index would be reformed, which P chip and red chip would be added to the index in March 2018.[1]
Some of the constituents of Hang Seng China Enterprises Index was also the constituents of Hang Seng Index.
Constituents
As of August 2022 there are 50 constituent stocks. [2]
See also
- Hang Seng Index - blue chip index of the Stock Exchange of Hong Kong
- Hang Seng China-Affiliated Corporations Index - index for Red chip of the Stock Exchange of Hong Kong
External links
References
- https://news.mingpao.com/pns/dailynews/web_tc/article/20170818/s00004/1502993524307 Ming Pao, Media Chinese International, 18 August 2017, retrieved 31 October 2017^
- Hang Seng China Enterprises Index^