S chip
S chips (Chinese: S股) are Chinese companies listed on the Singapore Exchange. Their shares are known as S shares. S chips are incorporated in Singapore, the British Virgin Islands, the Cayman Islands and Bermuda and have their business operations in mainland China.
Some S chips were beset by corporate governance and accounting problems, resulting in reputational issues that led to share price declines in 2009. [1]
The main difference between S chips and P chips is the exchange on which they are traded.
An index that covers the prices of S-Chips is the FTSE ST China Index.[2] From January 2008 to October 2009, the FTSE ST China Index had a return of −60%, as opposed to a return of −20% for the Hang Seng China Enterprises Index, which covers the prices of H shares.
See also
- Chip
- A share
- B share
- H share
- Red chip
- P chip
- Blue chip
- N share
- L share
- G share
- China Concepts Stock
- Green chip
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ FTSE ST Index Series
