A "purple chip" is a colloquial term used in China to refer to companies that are publicly listed in Hong Kong, but have a significant portion of their operations and revenue generated in mainland China. The term "purple" is used to suggest a combination of the "red" (representing China) and "blue" (representing Hong Kong) chips. These companies often offer investors exposure to the growth potential of the Chinese economy while also providing the liquidity and transparency associated with a publicly listed company in a developed market.
Purple-chip