Chinese capital stocks in Hong Kong are made up of H shares and red chips.
H shares, that is, Chinese capital stocks registered in the mainland and listed in Hong Kong. The English word in Hong Kong is HongKong, which is called H shares when it is listed in Hong Kong. Tsing Tao Beer H shares, issued in Hong Kong in 1993, are the first H shares in China.
Red chips are stocks with the concept of mainland China that are outside China and listed in Hong Kong at the place of registration. "with the concept of mainland China" mainly refers to Chinese holding and major business in the mainland of China.
China Unicom (0762.HK) does not belong to H shares. China Unicom (0762.HK) is registered in Hong Kong and is not the same company as A-share China Unicom (600050.SH).China Unicom (600050.SH) is fully known as China United Communications Co., Ltd., 40th floor, Jinmao Building, 88 Century Avenue, Shanghai, and China Unicom (0762.HK) is fully known as China Unicom Co., Ltd., 75th floor, Central Center, 99 Queen's Road Central, Hong Kong. The latter is commonly known as a red chip company in the securities market.
China Unicom (600050.SH) shares face value RMB1.00 yuan; China Unicom (0762.HK) stock face value HKD0.10 yuan.
This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.