CITIC Limited (Stock Code: 267) Hong Kong Index Constituents (Hang Seng Index
Hang Seng Index
: An index of the largest and most liquid stocks listed on the Stock Exchange of Hong Kong.
The HKMA confused many market players and accumulated an embarrassingly large portion of the Hang Seng Index
. This was hardly in line with free-market principles.
Even after falling 11.02% yesterday on profit taking, CyberWork's market capitalization is now $36.45bn, giving it a market value exceeding 17 of the 33 members of the Hang Seng index
. CyberWork's stock price surge has filtered through to companies with related business, particularly ISP, China Online, in which it holds a stake.
In terms of ROE, Hang Seng Index
companies reported peak profitability in 1995 with an aggregate 20.4 per cent.
The blue-chip Hang Seng Index
rose 186.26 points, or 1.59 per cent, on April 9 to 11,914.10, its highest close since October 21, 1997, when the index closed at 12,403.10.
In Asian markets, Japan's Nikkei Stock Average fell 1.11%, Hong Kong's Hang Seng Index
fell 2.1%, China's Shanghai Composite Index slipped 0.63% and India's BSE Sensex fell 1.66%.
- Inclusion in the Hang Seng Index
as one of fifty constituent stocks
The addition will complete the rollout of HKEXs eight major stock index products Hang Seng Index
(HSI) futures and options, Mini-HSI futures and options, HSCEI futures and options and Mini-HSCEI futures and options in AHT.
Hong Kong's Hang Seng index
dropped 2.2 percent to 27,714.38 and the Kospi in South Korea shed 1.6 percent to 2,270.20.
The Hang Seng Index
sank on Monday for the first time this year as a record-breaking 14-day surge came to an end on profit-taking.
The benchmark Hang Seng Index
traded between 22,913.6 and 23,100.66.