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 ?
Hong Kong Hang Seng 25,824.72 25,281.30 -543.42 -2.10%
On February 22, 2019, the Hang Seng Indexes Company Limited announced that TTI has been included in the Hang Seng Index as one of their fifty constituent stocks effective March 11, 2019.
The Company's inclusion in the Hang Seng Stock Connect Hong Kong Index implies that the Company has been highly recognized by investors as well as the Hong Kong capital market with regard to a high standard of market capitalization, trading volume, and liquidity of shares.
Donald Lam, head of Commercial Banking at Hang Seng, said, 'We are committed to providing customers with convenient, swift and comprehensive service solutions through investments in technology.
It did not surprise me that Hong Kong's Hang Seng index surged from 28,000 to 29,000 points in two trading sessions after China's State Council promised more fiscal stimulus and the People's Bank of China made $74 billion available for fresh lending in the Chinese banking systems while regulators promised to rollback draconian curbs on the shadow banking system.
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.
The Hang Seng China Enterprises Index traded at 8,712.83 as of 11:52 a.m.
Moody's rating actions follow similar rating actions taken on the two banks' parents, The Hongkong and Shanghai Banking Corporation Limited (HSBC, Aa2 negative) and Hang Seng Bank Limited (HSB, Aa2 negative), and the change of Moody's Macro Profile for China's banking system to "Moderate" from "Moderate+".
The benchmark Hang Seng Index traded between 20,947.3 and 21,199.62.
The Hang Seng Index closed up 0.7 percent at 23,117.47 points.
Hong Kong Index Hang Seng is continuing to establish a growth impulse.
Today, a majority of carriers offer different index choices that range from the Russell 2000 to the Hang Seng. Although use of the S&P 500 has declined a bit as other index choices have grown, it is still, by far, the predominant index, which is why the index returns I usually report are based solely on S&P 500-linked methodologies.