Hang Seng China Enterprises Index is a stock market index of The Stock Exchange of Hong Kong for H share, red chip, and P chip.
H share is a class of ordinary share of the mainland China incorporated company that only traded outside the mainland China; all of these companies were majority owned by the central or regional Chinese government.
In contrast, civilian-run enterprises of the mainland China listed their companies in Hong Kong using "foreign"-incorporated holding companies as P chip (either Bermuda, the Cayman Islands or Hong Kong); those using the same method but majority owned by the central or regional Chinese government, was known as red chip; red chip had their own separated index.
[1] Some of the constituents of Hang Seng China Enterprises Index was also the constituents of Hang Seng Index.
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