Dictionary of new words

REDCHIP

red-chip: translation

adj.
Describes a stock issued for a publicly-traded Chinese company.
Example Citation:
"A lesser people would be stuffing their money into a mattress. Hong Kongers are stuffing it into Chinese companies, the so-calledred-chipstocks that have been setting sales records this month." — Marcus Gee
Related Words:
Chinology
new chip
panda-hugger
redfellas
Category:
Stock Market and Investing

  1. redchip—redchip translation red chip UKu USu nounu [Cu] also red chip company STOCK MARKETu a share in a Chinese company that is traded on the Hong Kong stock market Red chips...Financial and business terms