| Hang Seng China Enterprises Index | |||||||||||
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| Traditional Chinese | 恒生中國企業指數 | ||||||||||
| Simplified Chinese | 恒生中国企业指数 | ||||||||||
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| Alternative Chinese name | |||||||||||
| Traditional Chinese | 國企指數 | ||||||||||
| Simplified Chinese | 国企指数 | ||||||||||
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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.