What do red chips and blue chips mean?

Blue chip refers to large-scale, traditional industrial stocks and long-term stable growth of financial stocks.

Red chips refer to stocks registered outside China and listed in Hongkong with the concept of Chinese mainland.

The term "blue chip" comes from western casinos. In western casinos, there are three colors of chips, of which blue chips are the most valuable. In the securities market, companies with good operating performance and stable and high cash dividend payment are usually called "blue chips".

And "Chinese mainland concept" mainly refers to China Holdings, whose main business is in Chinese mainland.

Extended data:

China stock history:

19 16, Sun Yat-sen and Shanghai businessman Yu Qiaqing proposed to organize Shanghai Stock Exchange Co., Ltd., and submitted the articles of association and prospectus to the Ministry of Agriculture, Industry and Commerce for approval.

1 920 February1,the Shanghai Stock Exchange held its inaugural meeting in the General Chamber of Commerce; On February 6th, the exchange held a board meeting and elected Yu Qiaqing as the chairman.

1920 in June, the Ministry of Agriculture and Commerce finally approved the establishment of a stock exchange in Shanghai. The operation mode is based on Japanese research institute and employs Japanese consultants.

1 920 July1day, the stock exchange opened in the form of a joint-stock company, and the trading targets were divided into seven categories, such as securities and cotton.

This is the earliest stock in China Hyundai.

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