S chip

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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. During the Financial crisis of 2007–2010, many S-Chips were tainted by corporate scandals.

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.[1] 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.

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