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Hang Seng China Enterprises Index
Hang Seng China Enterprises Index is a stock market index of The Stock Exchange of Hong Kong for H share, red chip, and P chip. 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. ConstituentsAs of August 2022 there are 50 constituent stocks. [2]
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