Hang Seng Index

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.