Leading stock (龍頭股 / 龙头股), which is usually applied to the
stock market of
Mainland China
"Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater Chin ...
and
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...
, means
stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...
of a certain
company which has leading status in their
business field, including scope,
market share,
market capitalization,
turnover
Turnover or turn over may refer to:
Arts, entertainment, and media
*''Turn Over'', a 1988 live album by Japanese band Show-Ya
* Turnover (band), an American rock band
*"Turnover", a song on Fugazi's 1990 album '' Repeater''
*''Turnover'', a Japane ...
and
profit
Profit may refer to:
Business and law
* Profit (accounting), the difference between the purchase price and the costs of bringing to market
* Profit (economics), normal profit and economic profit
* Profit (real property), a nonpossessory inter ...
. Sometimes, leading stock may lead or influence prices of other stocks in the same business field to
rise or
drop. However, leading stock is not immutable; its status may last for a period of time before being replaced by others with more leading power.
See also
*
Economy of China
{{Economy of China
Stock market
Finance in Hong Kong
Finance in China