HSI: Hang Seng Index Stock Price, Quote and News

This index accounts for about 40% of the exchange’s total market capitalization. Since its inception in July of 1964, the index has moved from 100 points to more than 28,000 points, as of July 2021. The easiest way to invest in the Hang Seng Index is by using ETFs, although no funds are traded in the United States. The best alternative is the iShares MSCI Hong Kong Index Fund ETF (EWH), which tracks the MSCI Hong Kong Index, a capitalization-weighted index that aims to capture 85% of Hong Kong’s total market capitalization. Like many indexes, the Hang Seng also underlies many exchange-traded funds (ETFs) that provide easy exposure to Hong Kong’s economy in a single security. These ETFs offer a simpler alternative to American depository receipts (ADRs) that provide additional exposure to individual Hong Kong stocks, which must be integrated into a wider portfolio to ensure diversification.

• Hong Kong is one of the world’s leading financial centres and most free economies with international financial markets, near-free port trade, and low taxation.
• That said, it’s generally a popular investment, considering all of Hang Seng Index’s positive aspects.
• Mainly, it offers a diversified portfolio of 50 distinct blue-chip stocks, which allows you to limit your exposure risk.
• Each data point represents the closing value for that trading day and is denominated in hong kong dollars (HKD).
• Other stocks like Country Garden Holdings and Logan Group also surged, gaining as much as 26% and 28%, respectively, while the Hang Seng Mainland Properties Index was up about 4%.

These have made the Hong Kong Stock Exchange the 6th largest globally and the 3rd largest in Asia. International traders interested in this market often observe the Hang Seng Index, which tracks the region’s top companies. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Oil prices moved sharply higher on Tuesday to a 10-month closing high after the monthly report from (OPEC) showed the oil market may be a lot tighter than initially thought. West Texas Intermediate Crude oil futures for October ended higher by $1.55 or 1.8 percent at $88.84 a barrel. With about $940 million in total net assets under management (as of January 2022), the ETF has an expense ratio of 0.50% with 35 holdings in its portfolio.

Hang Seng Index List of Stocks

For the day, the index lost 70.56 points or 0.39 percent to finish at 18,025.89 after trading between 17,892.01 and 18,145.58. On the daily chart, the Hang Seng saw a recent bounce off of the 24,830 level. This is also expected to draw some technical buyers from the Fibonacci 61.8 percent retracement level. With the MACD (Moving Average Convergence Divergence) indicator showing showcasing higher lows, it’s a sign that a downward momentum is weakening in the near term. “This is the largest ever reform of the Hang Seng Index,” Dickie Wong, head of research at Kingston Securities, told the Financial Times when commenting on Hang Seng’s move to double its components. “Expect more and more Chinese companies to be included and more and more Hong Kong companies to get excluded,” he added.

A market capitalization-weighted index of 40 of the largest companies that trade on the Hong Kong Exchange. The Hang Seng Index is maintained by a subsidiary of Hang Seng Bank, and has been published since 1969. The index aims to capture the leadership of the Hong Kong exchange, and covers approximately 65% of its total market capitalization. The Hang Seng members are also classified into one of four sub-indexes based on the main lines of business including commerce and industry, finance, utilities and properties. Interactive daily chart of the Hong Kong Hang Seng Composite stock market index back to 1986.

There are many different versions of the Hang Seng Index available to international investors, ranging from industrial divisions to corporate sustainability and other niches. The core industrial divisions include finance, utilities, properties, and commerce or industry; others include access to both mainland and China-affiliated companies in the space. On March 1, 2021, Hang Seng Index Company announced proposals to enhance the Index in a manner that ensures it remains an essential benchmark and representative of the Hong Kong stock market.

The Hang Seng price kept hitting new highs, such as another milestone in April after rising to over 28,000 points. While it’s true that your investment decision shouldn’t be just inspired by past results, looking at a firm’s historical stock performance can help understand the company’s general perception as well as its future prospects. If you were to use a single quantity as an indicator of Hong Kong’s economic strength, what would it be?

The Hang Seng Index is a stock market index consisting of 50 of the largest and most liquid companies listed on the Hong Kong Stock Exchange. Like the S&P 500 in the United States, the index is designed to mimic the overall performance of the stock market at any given time. International investors tracking this market often watch the Hang Seng Index, which tracks the largest companies traded on the Hong Kong Stock Exchange.

When the Hang Seng Index Stock was launched in 1969, it started with only 33 constituents. This number increased to 38 in 2007, when the Hang Seng Index Company started including H-shares companies. The Hang Seng was then gradually expanded until it hit 50 constituents in 2012 when the number of listed firms in the Hong Kong stock exchange was around 1380. Investors who are looking for another option may also consider ADRs, which represent individual companies traded on the Hong Kong Stock Exchange. Examples of these companies include AIA Group Ltd. (AAGIY) and Sun Hung Kai Properties Ltd. (SUHJY). The lower close on Wall Street came as traders look ahead to the release of the Labor Department’s highly anticipated report on consumer price inflation later today.

Hong Kong HS50 further reading

Paramount among all other indicators is the Hang Seng Index, the daily de facto numerical tracker of Hong Kong’s economy, also used by investors in the region as the market benchmark. From its history to its strengths and price, you will know everything in order to trade the Hang Seng optimally. On Wednesday, China’s state-owned Securities Times published a commentary calling for the lifting of «policies restricting property purchases in cities other than the hottest top tier cities» as soon as possible, according to a CNBC translation. Other property stocks have also plunged in the past year amid contagion fears. Shares of Country Garden have fallen 53% so far this year while Logan has dropped 18%. The real estate sector was the top gainer on the HSI, but the overall index was still in negative territory, dragged by health-care and industrial stocks.

This will mean an increase in the number of constituents, which will increase gradually from 50 to 100. By adopting this new selection, the https://1investing.in/ should be able to include less sizable companies and reach an appropriate level of representation for every industry. The Hang Seng Index calculation is done at two-second intervals using a free flat adjusted equation during the Hong Kong Stock Exchange’s trading hours. The equation takes into account issued shares, closing prices, and current prices. Hong Kong is one of the world’s leading financial centres and most free economies with international financial markets, near-free port trade, and low taxation.

Notes & Data Providers

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International investors should keep in mind, however, that the index is 41.41% weighted toward financials, 21.83% weighted toward real estate, and 5.83% weighted toward consumer cyclicals, creating some concentration risks. (RTTNews) – The Hong Kong stock market has moved lower in six straight sessions, tumbling more than 820 points or 4.6 percent along the way. The quaternary care sits just above the 18,025-point plateau and it’s predicted to open lower again on Wednesday. Broadly, Hang Seng Index’s customers are regional and local, while traders or Hang Seng Index’s futures and options are global.

Private Companies

In addition to being an emerging market, China may present greater political risk, given its government’s track record of intervention, the rise of state-run businesses, and unrest that affects the marketplace. The global forecast for the Asian markets is mixed to lower ahead of key U.S. inflation data later today. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference. Looking at the Hang Seng chart, what stands out is the evident bearish trend that has pushed prices lower.

• Like the S&P 500 in the United States, the index is designed to mimic the overall performance of the stock market at any given time.
• Have the Hang Seng Index’s volatility in mind to ensure you make a final, well-informed trading decision.
• This will mean an increase in the number of constituents, which will increase gradually from 50 to 100.
• If you’ve keenly gone through the price history section above, then Hang Seng Index’s volatile history needs no introduction.
• West Texas Intermediate Crude oil futures for October ended higher by $1.55 or 1.8 percent at $88.84 a barrel.
• “This is the largest ever reform of the Hang Seng Index,” Dickie Wong, head of research at Kingston Securities, told the Financial Times when commenting on Hang Seng’s move to double its components.

Evergrande has a debt of over $300 billion, and its collapse is expected to negatively impact property groups, including Hang Seng Index constituents Hang Lung, Country Garden and New World.

Dividend yields measure how much returned cash investors will get for every dollar invested. Fortunately, the Hang Seng index tracks some of the largest stocks in China, many of which pay out regular and impressive dividends. Some of the highest yielding dividend stocks on the Hang Seng Index include MTR Corporation, Power Assets Holding, and CK Asset Holdings.

Real Time News

China’s property sector has languished ever since Evergrande defaulted in 2021. Last week, the stock resumed trading and closed nearly 80% lower in its first session in 17 months. Evergrande shares had closed at 35 Hong Kong cents (4 U.S. cents) on Tuesday. International investors should keep in mind that the Hang Seng and related Hong Kong ETFs and ADRs involve a higher level of risk than domestic investments.

Get this delivered to your inbox, and more info about our products and services. Subsequently, find the Hang Seng Index Live chart under the HK50 ticker and start investing. Before getting started trading the Hang Seng Index on ZFX, you’ll need to submit your documents for verification. From the dropdown that appears, click “Document Verification,” and you’ll be taken to a page like the one above.

The Hang Seng Index is a stock market index consisting of 50 of the most liquid and largest companies listed on the Hong Kong Stock Exchange. This index was designed to mimic the general performance of the stock market. Thus, it offers international investors a quick peek into the health of the Hong Kong Stock market, which can be pretty hard to do if they were to evaluate individual equities. The Hang Seng Index provides international investors with a quick glance into the health of Hong Kong’s stock market, which can be difficult to see when looking at individual equities. The global nature of Hong Kong’s economy also means that the Hang Seng serves as a proxy for the wider Asian market—especially China’s stock market, which is often mispriced due to capital restrictions.

Have the Hang Seng Index’s volatility in mind to ensure you make a final, well-informed trading decision. Another reason is that shares of casino companies like Galaxy Entertainment have crashed, as traders react to the new Covid wave in Macau. 2021 has been a tough year for all stocks on the Hong Kong stock exchange. The index’s price hovered between 18,000 and 19,000 points until the bear market ended in February 2016, and the index’s price rose to the all-time high of 33,223.58 points in January 2018. On July 24, 2009, Hang Seng Index news showed that the stock had passed the 20,000 points mark again, before hitting a high of 25,201 on the same day.

Perhaps the index’s most “captive” customers are employees in Hong Kong who have to contribute to local MPF (Mandatory Provident Fund) retirement saving schemes. In regards to economic data, the Hang Seng traders and investors should follow the Chinese GDP figures as well as measures of industrial production like PMIs and trade balance statistics. Since its inception, the Hang Seng has become the most widely quoted indicator of the general price movements in the Hong Kong stock market.