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What Is a Red Chip in Business?



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A red chip is a company that is incorporated in China and listed on the Hong Kong Stock Exchange. Red chips are typically large, state-owned enterprises that are involved in industries such as banking, oil, and steel. They are called “red chips” because they are seen as a way for the Chinese government to exert … Read more

What is a company?



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A company comprises an organization or institution, created and formed by a person or group of people, which is dedicated to a specific economic activity to achieve objectives that later become benefits. In addition, to define what a company is, it is necessary to mention the products, goods and services that it offers to its … Read more