The term P chip (Chinese: P股) refers to Chinese companies listed on the Hong Kong Stock Exchange which are incorporated in the Cayman Islands, Bermuda and the British Virgin Islands with operations in mainland China, and are run by private sector Chinese businessmen.
Since the main difference among private sector Chinese companies incorporated abroad is the exchange in which they are listed, the following terms are used to differentiate them: Therefore, the main difference between P chips and S chips is the exchange on which they are traded.
However, a few market participants may use the term "P chips" to refer to the entire universe of private sector Chinese companies incorporated abroad, regardless of the exchange in which they are traded.
[1] As of August 2010 This list includes name of company, stock symbol, and place of incorporation.
The Hong Kong Exchange might have reassigned to other companies the stock symbols in this list.