Hang Seng Index

(redirected from Hang Seng)
Also found in: Dictionary.

Hang Seng index

The major index in Hong Kong.

Hang Seng Index

An index tracking several dozen publicly-traded companies listed on the Hong Kong Stock Exchange, weighted for market capitalization. Started in 1969, Hang Seng includes approximately 70% of the capitalization of the Hong Kong Stock Exchange. It is considered to be an indicator of health in the wider market.

Hang Seng Index

A market-weighted index of 33 stocks making up approximately 70% of the market value of all stocks traded on the Stock Exchange of Hong Kong. HSI Services Limited, a subsidiary of Hang Seng Bank, calculates the index. The firm also calculates several other indexes including an Asian index, a mid-cap index, and an index for companies traded in Hong Kong and headquartered in mainland China.
References in periodicals archive ?
The Hang Seng Shenzhen Hong Kong Index Series ("SZHK Index Series"), which was launched in August, 2015, aims to reflect the performance of Shenzhen or Hong Kong-headquartered companies in selected sectors that are likely to benefit from the rapid development of the two cities.
The benchmark Hang Seng Index traded between 22,913.
1) within subwave ((3)) completion Co buy Hang Seng futures, once the index reaches 21680 points in order to sell at 24720 points (+14.
2 times estimated profit, the lowest level since January, while the Hang Seng China Enterprises Index is valued at 7.
The Russell, Nasdaq, and Hang Seng returns averaged about 50 percent higher than the S&P 500.
Hang Seng Life's sustained growth momentum in the individual non-linked market is expected to be counteracted by market competition over the longer term.
The Hang Seng Bank (HKG: 0011) has launched a new banking service which allows payments to made using near field communication (NFC) enabled mobile phones.
The Hang Seng Index had ended above its 200-day moving average on Friday, July 20 before news arrived that SpainEo s heavily indebted Valencia region asked for financial aid, a move that triggered a spike in Spanish bond yields.
Hang Seng General Insurance's risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), remained strong after the transfer.
Hang Seng Indexes Company Limited launched the Hang Seng Corporate Sustainability Index Series in 2010.
Hang Seng Bank declared a first-half dividend of HKD2.