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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.


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28 billion US dollars in its initial public offering (IPO) last month, saw its priced tumble as the Hang Seng Index was hit by a broader sell-off.
28 billion US dollars in its initial public offering (IPO) last month, saw its priced tumble as the Hang Seng Index was hit by a broader sell-off.
14, two Hong Kong-issued ETFs (exchange traded funds), including Hang Seng H-Share Index ETF (HSHETF) and Hang Seng Index ETF (HSIETF), launched by the HSBC Global Asset Management Co.
 
 
 
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