Q&A

What are red chip companies?

(chinadaily.com.cn)
Updated: 2010-08-04 11:32
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A company based in the Chinese mainland that is incorporated internationally and listed on the Hong Kong Stock Exchange. Red chip stocks are expected to maintain the filing and reporting requirements of the Hong Kong exchange.

Red chip companies are generally not allowed to trade on Chinese A-share market on the Shanghai Stock Exchange or the Shenzhen Stock Exchange under current rules and regulations, but the Shanghai bourse is preparing an international board, which would allow offshore companies, including red chip firms, to raise funds dominated in China's RMB.

There were 92 red chip companies listed on Hong Kong's main board and 5 listed in the city's GEM as of June 30, 2010, according to statistics from the Hong Kong Exchanges and Clearing Limited, or HKEx.

List of Red Chip Companies (Hong Kong Main Board)  

Listing Date

Stock Code

Company

Market capitalisation (HK$)
1997-10-23 941 China Mobile Ltd 1,568,889,031,625
2001-2-28 883 CNOOC Ltd 597,673,895,786
2000-6-22 762 China Unicom (Hong Kong) Ltd 248,344,455,066
2002-7-25 2388 BOC Hong Kong (Holdings) Ltd 188,829,855,551
1992-8-20 688 China Overseas Land & Investment Ltd 119,966,344,118
2003-11-12 836 China Resources Power Holdings Co Ltd 83,470,861,921
1996-11-8 1109 China Resources Land Ltd 74,539,218,286
-   291 China Resources Enterprise Ltd 69,393,732,474
1992-7-15 144 China Merchants Holdings (International) Co Ltd 63,145,926,147
1997-5-29 392 Beijing Enterprises Holdings Ltd 58,062,789,550
1986-2-26 267 CITIC Pacific Ltd 53,197,873,373
1973-3-13 135 Kunlun Energy Co Ltd 49,242,993,709
2000-6-29 966 China Taiping Insurance Holdings Co Ltd 43,494,150,601
1994-2-14 992 Lenovo Group Ltd 41,523,262,476
2007-3-21 606 China Agri-Industries Holdings Ltd 35,051,359,098
1996-5-30 363 Shanghai Industrial Holdings Ltd 33,634,679,750
2007-9-28 3377 Sino-Ocean Land Holdings Ltd 31,963,448,089
1973-2-26 165 China Everbright Ltd 28,627,933,998
1993-2-22 203 Denway Motors Ltd 27,743,997,590
1973-3-14 349 Industrial and Commercial Bank of China (Asia) Ltd 27,355,568,342
1994-12-19 1199 COSCO Pacific Ltd 25,244,303,085
1973-8-30 119 Poly (Hong Kong) Investments Ltd 24,760,249,366
-   270 Guangdong Investment Ltd 22,929,431,482
1996-9-30 297 Sinofert Holdings Ltd 21,688,825,813
2009-10-6 1313 China Resources Cement Holdings Ltd 21,383,157,915
2007-8-17 817 Franshion Properties (China) Ltd 19,788,817,296
2007-11-28 3808 Sinotruk (Hong Kong) Ltd 17,173,378,569
1994-11-7 1193 China Resources Gas Group Ltd 15,615,226,718
1988-10-7 506 China Foods Ltd 12,789,465,682
1999-10-22 1114 Brilliance China Automotive Holdings Ltd 12,734,621,939
1992-12-15 123 Yuexiu Property Co Ltd 12,205,425,813
-   257 China Everbright International Ltd 12,055,796,857
2007-11-23 368 Sinotrans Shipping Ltd 11,976,300,000
2006-5-24 3382 Tianjin Port Development Holdings Ltd 10,591,760,000
1992-11-11 308 China Travel International Investment Hong Kong Ltd 9,511,243,727
1991-4-30 697 Shougang Concord International Enterprises Co Ltd 9,074,673,148
1993-4-19 371 Beijing Enterprises Water Group Ltd 8,737,556,210
2004-10-15 2380 China Power International Development Ltd 8,733,073,929
2007-10-17 1828 Dah Chong Hong Holdings Ltd 8,719,490,050
1997-9-8 1205 CITIC Resources Holdings Ltd 8,228,771,172
1997-3-7 604 Shenzhen Investment Ltd 7,992,643,883
1994-6-21 1093 China Pharmaceutical Group Ltd 7,229,664,713
2005-7-8 3311 China State Construction International Holdings Ltd 7,072,366,077
1972-9-25 152 Shenzhen International Holdings Ltd 6,866,353,295
1997-1-30 1052 GZI Transport Ltd 6,441,674,836
1992-2-11 517 COSCO International Holdings Ltd 5,770,864,179
1994-12-15 1208 Minmetals Resources Ltd 5,612,620,533
2009-11-16 906 CPMC Holdings Ltd 5,353,500,000
1997-12-10 882 Tianjin Development Holdings Ltd 5,091,832,496
1999-11-4 735 China Power New Energy Development Co Ltd 4,984,420,000
2007-4-3 1883 CITIC 1616 Holdings Ltd 4,933,963,756
-   171 Silver Grant International Industries Ltd 4,850,366,136
1996-6-19 1135 Asia Satellite Telecommunications Holdings Ltd 4,631,754,720
1999-11-26 1070 TCL Multimedia Technology Holdings Ltd 4,572,047,042
1999-6-25 934 Sinopec Kantons Holdings Ltd 4,458,369,000
1991-12-20 230 Minmetals Land Ltd 4,399,787,622
2005-1-26 828 Dynasty Fine Wines Group Ltd 3,984,000,000
1972-7-6 241 CITIC 21CN Co Ltd 3,866,584,416
2004-9-27 2618 TCL Communication Technology Holdings Ltd 3,409,095,658
1997-8-11 1185 China Energine International (Holdings) Ltd 3,214,886,491
1981-8-25 31 China Aerospace International Holdings Ltd 2,899,920,569
2003-1-6 2302 CNNC International Ltd 2,875,427,664
1997-8-8 124 Kingway Brewery Holdings Ltd 2,841,151,171
2004-8-13 597 China Resources Microelectronics Ltd 2,768,693,038
2004-4-29 596 Inspur International Ltd 2,639,084,720
1993-7-22 133 China Merchants China Direct Investments Ltd 2,386,329,600
1998-1-15 925 Beijing Properties (Holdings) Ltd 2,373,045,240
2005-11-2 3366 Overseas Chinese Town (Asia) Holdings Ltd 2,143,765,000
1997-7-25 85 China Electronics Corporation Holdings Co Ltd 1,996,040,800
1993-4-7 570 Winteam Pharmaceutical Group Ltd 1,926,083,672
-   217 China Chengtong Development Group Ltd 1,752,842,375
1982-6-28 222 Min Xin Holdings Ltd 1,676,914,594
-   218 Shenyin Wanguo (HK) Ltd 1,624,122,926
1997-5-23 560 Chu Kong Shipping Development Co Ltd 1,620,000,000
1991-12-12 232 AVIC International Holding (HK) Ltd 1,616,494,980
1992-4-9 103 Shougang Concord Century Holdings Ltd 1,556,658,450
1994-12-9 1203 Guangnan (Holdings) Ltd 1,313,588,763
1996-12-18 1045 APT Satellite Holdings Ltd 1,193,659,200
2005-6-23 3300 China Glass Holdings Ltd 1,132,708,500
-   154 Beijing Development (Hong Kong) Ltd 1,083,936,240
1973-1-23 281 Rivera (Holdings) Ltd 952,119,477
1988-12-23 521 Shougang Concord Technology Holdings Ltd 942,542,119
2000-8-1 111 Cinda International Holdings Ltd 833,567,280
1998-5-26 908 Jiuzhou Development Co Ltd 783,020,000
2001-11-29 629 Yue Da Mining Holdings Ltd 769,966,636
1986-9-10 378 CIAM Group Ltd 755,876,469
1992-11-23 305 Dragon Hill Wuling Automobile Holdings Ltd 690,894,274
1991-8-8 730 Shougang Concord Grand (Group) Ltd 610,662,009
1995-12-21 418 Founder Holdings Ltd 508,634,952
1991-10-7 618 EC-Founder (Holdings) Co Ltd 387,121,714
1973-2-22 181 Fujian Holdings Ltd 320,544,000
1996-12-16 1058 Guangdong Tannery Ltd 188,166,650
Total number  92 Total 3,889,993,324,256

Sources: HKEx   Updated: June 30, 2010

 

List of Red Chip Companies (GEM) 

Listing Date
Stock Code

Company

Market capitalisation (HK$)
2000-3-16 8035 Binhai Investment Co Ltd 3,056,334,120
2003-8-4 8271 Global Digital Creations Holdings Ltd 550,479,355
2000-1-24 8016 China Data Broadcasting Holdings Ltd 381,600,000
2004-8-18 8298 AKM Industrial Co Ltd 162,000,000
2001-12-11 8178 China Information Technology Development Ltd   -
Total number 5 Total 4,150,413,475

Sources: HKEx   Updated: June 30, 2010