Red-chip enterprises refer to mainland enterprises registered outside China and listed in Hongkong or their holding companies. The main business scope of red-chip enterprises is in China, and most of their income is the same. Most shareholders' rights and interests of listed companies come directly or indirectly from Chinese mainland controlled by China Capital.
Listing requirements for red-chip enterprises: the company's profit in the first year and the second year is not less than HK$ 30 million; The profit for the third year shall not be less than HK$ 20 million.