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Hang Seng Index

Established in 1969, the Hang Seng Index is the benchmark stock market index, monitoring changes in 48 constituent blue chip stocks. It is maintained by Hang Seng Indexes Company, a unit of Hang Seng Bank, which is controlled by HSBC Group.

The Week in Quotes

PUBLISHED : Sunday, 22 June, 1997, 12:00am
UPDATED : Sunday, 22 June, 1997, 12:00am

'Compared to Amnuay's creamy background, Thanong looks like skimmed milk.' - an economist with a foreign brokerage in Thailand of Thanong Bidaya, Thailand's new finance minister.

'This is the most irrational market I've seen since '87, except for the few weeks around June 4, 1989.' - Robin Hammond, Asia Equity head of Hong Kong research, of the Hang Seng Index's record close of 15,154.36 on Friday.

'Pinch me. All dreams have to come to an end but so far things continue to go well.' - Jerry Zukowski, an economist at PaineWebber on the US economy which reported the fastest growth in three years in first quarter.

'The market is a runaway freight train and there's no signs of it stopping.' - Guy Truicko, a portfolio manager at Unity Management in the US, after Wall Street rose to record highs.


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