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Hong Kong stocks refer to the stocks listed on the Hong Kong Stock Exchange of the People's Republic of China (PRC) Special Administrative Region. Hong Kong's stock market is more mature, more rational and more sensitive to the world market than the mainland. If mainland stocks are listed in both the mainland and Hong Kong at the same time, forming an "A+H" model, we can judge the trend of A shares according to their situation in the Hong Kong stock market.
Blue chip refers to the constituent stocks of the Hang Seng Index. The common characteristics of such stocks are strong industry representation, high liquidity, good financial position, stable profit and fixed dividends. The number of blue chip stocks is 43. Because these stocks have strong profitability, most of them belong to the preferred stocks of the fund (that is, stocks held by the fund for a long time or bought at a higher price), so they are less affected by human factors (such as banker's activities) and their stock prices are relatively stable, which is suitable for medium and long-term investment.
State-owned shares refer to Chinese mainland state-owned enterprises listed in Hong Kong with the approval of China Securities Regulatory Commission. It can also be called H shares, which refers to the state-owned shares listed in Hong Kong. There are also N shares and S shares in the Mainland, which are short for state-owned enterprises listed in new york and Singapore respectively.
In this way, both state-owned enterprises and red chips are mainland enterprises listed in Hong Kong. What's the difference between them? It can be said that because state-owned shares and red chips have the same strong mainland color, they are both mainland companies listed in Hong Kong, and their main business is very close to that of the mainland, so novices who have no in-depth understanding of the Hong Kong stock market are very easily confused.
However, it is not so difficult to distinguish the two. To put it simply, those registered in Hong Kong will be classified as red chips, while those registered in the Mainland will naturally be state-owned shares. In fact, most of the red chips are window enterprises registered in Hongkong by China provinces and cities and the central government, and the state-owned enterprises are generally those rooted in China.
Red chip refers to the shares of listed companies listed in Hong Kong but directly controlled or held by Chinese-funded enterprises. Although the Hong Kong stock market is still dominated by blue chips, the number of red chips traded and the number of shares are still small. However, with the acceleration of Chinese investment in Hong Kong, red chips are on the increase, and their influence is bound to grow, which cannot be ignored.