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 ?
Duhamel also explained that TraHK is designed to trade like a normal share listed on the Hong Kong stock market and track the performance of the Hang Seng Index.
The Hang Seng Index has dropped 10 per cent since November.
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.
4 points in the first hour of trading, following gains in Asia after Hong Kong's Hang Seng Index rose 2.
The losses seen in London mirrored heavy declines on the Asian markets, with both China's Hang Seng Index and the Nikkei 225 Index in Japan closing down 2%.
These appointments were motivated by the government's plan to float shares of the bank on the Hang Seng Index in Hong Kong.
The HKMA confused many market players and accumulated an embarrassingly large portion of the Hang Seng Index.
The firms made up four of the top five most active stocks, on Tuesday, on the Hang Seng index of companies listed on the Hong Kong stock exchange.
In terms of ROE, Hang Seng Index companies reported peak profitability in 1995 with an aggregate 20.
HONG KONG -- The Hang Seng Indexes Company today announced that Lenovo (HKSE: 0992) (PINK SHEETS: LNVGY) will be included as a constituent stock of its Hang Seng Index.
The addition of Nexteer to the Hang Seng Index is a significant milestone for our company," said Laurent Bresson, Nexteer president and chief operating officer.