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Hang Seng

HANG SENG

₹17033.92

28.94 (0.17%)

As on July 26, 2024 at 09:30 AM

HANG SENG Performance

16,924.58

17,229.19

17,079.67

About HANG SENG

Hang Seng Index Live

The Hang Seng Stock Exchange Index (HSI) is an important indicator of the largest companies which are traded on the Hong Kong Exchange (HKEx). It serves as a key benchmark for Hong Kong's equity market and broader Asian markets.

The HSI stock index consists of 82 blue-chip stocks which are listed on the HKEx, and they are categorised into finance, utilities, properties, and commerce and industry sectors. It manages a free-float market capitalization-weighted methodology with an 8% cap on individual component weighting to ensure a balanced performance.

Evolution and Importance of Hang Seng Index

The Hang Seng Index is an important part of the Hong Kong stock market. It was established in 1969 with a base value of 100 set in July 1964. It aims to mirror the total performance of the HKEx, presenting approximately 65% of its total market capitalisation. Hong Kong's economic integration with China influences the index, with many Chinese companies listed on the HKEx.

Constituents and Management of Hang Seng Index

Owned by Hang Seng Indexes Company Limited, a subsidiary of Hang Seng Bank, the HSI's top constituents as of December 2023 include HSBC Holdings, Alibaba, Tencent, AIA Group, and China Construction Bank. A quarterly committee oversees index adjustments, ensuring representation and balance.

Related Indices

Other indices related to the HSI focus on specific market segments:

  • Hang Seng HK 35: Features top 35 Hong Kong-based companies generating revenue outside the Chinese Mainland.
  • Hang Seng Composite: Represents the top 95% of HKEx stocks by market capitalization, comprising around 500 stocks.

The Hang Seng Index is a very important tool for investors. It helps them understand how well the Hang Seng Index tracks the stock price of each key company, market performance and also gives them an idea about the broader economic trend. The way it's put together and managed makes it a trustworthy way to gauge and to see how the Hong Kong Exchange (HKEx) is doing and know about the market sentiments.

Faqs on HANG SENG

Hang Seng is a stock market index that tracks the performance of major companies listed on the Hong Kong Stock Exchange.

Hang Seng is crucial for assessing the overall health and direction of the Hong Kong stock market and reflecting investor sentiment.

Hang Seng typically includes 50 large and liquid companies from various sectors.

Companies like Tencent, HSBC, and Alibaba are in Hang Seng. They're selected based on market capitalization, trading volume, and sector representation.

Hang Seng is calculated based on the aggregate market prices of its constituent stocks. "Price-weighted" means stocks with higher prices have more influence on the index.

Hang Seng reflects investor sentiment and economic conditions in Hong Kong, serving as a key benchmark for global investors.

Economic events and news impact Hang Seng through changes in investor sentiment, affecting stock prices and overall market direction.

Hang Seng's performance compared to other indices varies based on sectoral composition, market conditions, and investor preferences.

Current concerns include regulatory changes, geopolitical tensions, while opportunities lie in technology, green energy, and healthcare sectors.

Hang Seng represents various industries including finance, technology, real estate, consumer goods, and energy.

Companies in Hang Seng are reviewed regularly, usually quarterly, to ensure the index accurately reflects the market.

Alternative indices include MSCI Hong Kong Index, FTSE Hong Kong Index, and the Shanghai Composite Index, each with its unique composition and focus.

Companies in Hang Seng are reviewed every quarter to reflect changes in market conditions and ensure index relevance.