Hang Seng China Enterprises Index
| 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 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.
Some of the constituents of Hang Seng China Enterprises Index was also the constituents of Hang Seng Index.