HANG SENG
19343.92
-257.20 (-1.31%)
HANG SENG Chart
HANG SENG Performance
HANG SENG Resistance and Support
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
