A blue chip stock refers to a large, well-established, financially stable company with a long track record — typically a market leader in its industry with consistent earnings and often a history of paying dividends. On Bursa Malaysia, companies in the FTSE Bursa Malaysia KLCI, the index of the exchange’s 30 largest companies by market cap, are commonly described this way, though “blue chip” is a market convention rather than an official classification with fixed rules. Blue chip status is often associated with lower volatility and steadier dividend yield than smaller, faster-growing companies, which makes these stocks a common starting point for conservative or income-focused investors — though size and reputation alone don’t guarantee good fundamentals, so the usual screening checks still apply.