Hang Seng Index

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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 ?
4 million customers, Hang Seng Bank is very keen on developing fintech to capture the new generation of tech savvy banking customers.
CNOOC Limited (SEHK: 00883)(NYSE: CEO)(TSX: CNU), a major national oil company in China, is becoming a component of the Hang Seng China Enterprises Index effective March 5, 2018.
This year, Hang Seng Sustainability Corporate Sustainability Index reviewed a total of more than 600 companies, where COLI emerged as one of the 30 selected companies, reflecting the company's above-par performance on environmental protection, corporate social responsibility and corporate governance.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, declined 1.
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.
Hang Seng Bank noted that it had already been granted the requisite regulatory approvals to proceed with the operation.
The Russell, Nasdaq, and Hang Seng returns averaged about 50 percent higher than the S&P 500.
The SSE 50 China Tracker is the third offshore ETF listed on the TWSE after Hang Seng H-Share Index ETF and Heng Seng Index ETF.
The Hang Seng Index maintained its upward momentum in Tuesday trading, gaining 0.
Hong Kong, China, Feb 24, 2010 - (ABN Newswire) - Fufeng Group Limited (HKG:0546) (PINK:FFNGY), a leading vertically integrated manufacturer of corn-based biochemical products in China, today announced that Fufeng has been selected as a constituent of Hang Seng Composite Index (HSCI), effective 8 March 2010.
Hong Kong's Hang Seng Index, which had reached peak over 30,000 points in late 2007, fell just below 12,000 at the depths of the financial crisis in March of last year.