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Thread: The Return of the red chips!

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[quote=JIMMYB,238550]The return of red chips has become a hot issue in the stock market in China. Several years ago, some giant companies went public overseas. At present, those companies are preaparing to return to A-share market in China.

CNPC(China National Petroleum Corporation) has submited his application to issue about 4 billion. In early days, China Mobile and China National Offshore Oil Corporation also expressed that they would return to China A-share market.

The people's Bank of China has declared in a document that the government should develop the blue-chip market and attract those red chips to return.

Well, some people argue that the return of red chips can help stabilize the A-Share market in China and enhance the stock market develop healthily. On the other hand, those investors in mainland can make profit from those red chips. However, others say that the A-share market would be affected if those red-chip companies go public.

What is your opinion? The return of red chips is good or bad?[/quote]

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