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.

Sell-off puts Hong Kong stocks on longest skid in 4½ years

The Hang Seng Index fell below the physiological level of 20,000 in the morning, but narrowed losses in the afternoon, to close at 20,263. Photo: David Wong

Yesterday marked the longest losing streak in 4½ years for Hong Kong stocks amid concerns that slowing growth and a worsening credit crunch on the mainland would hit earnings.

Saturday, 22 June, 2013, 2:56am

Irrational financial markets disprove wisdom of crowds

Irrational financial markets disprove wisdom of crowds

Anyone who still believes in the wisdom of crowds should take a look at what has been going on in the financial markets. A market, after all, is made up of a crowd of investors, and its price fluctuations represent swings in the aggregate sentiment of that crowd.

14 Jun 2013 - 3:49am 1 comment

Mainland Chinese companies continue slide in Hong Kong

The Hang Seng China Enterprises Index fell below the psychologically important 10,000-point level yesterday for the first time since last October. Photo: Bloomberg

The Hang Seng China Enterprises Index, which tracks mainland enterprises listed in Hong Kong, fell below the psychologically important 10,000-point level yesterday for the first time since last October, led by financial and property firms.

12 Jun 2013 - 4:32am

Markets fall as Chinese production weakens

Markets fall as Chinese production weakens

The deteriorating outlook on the mainland sent Japan's Nikkei 225 stock average slumping 7.3 per cent, registering the deepest loss since the 2011 earthquake and tsunami. The Hang Seng Index dropped 2.54 per cent to 22,669.68, its biggest slide in seven weeks. The Shanghai Composite Index fell 1.16 per cent while Australia's S&P/ASX 200 Index dropped 1.99 per cent.

24 May 2013 - 3:47am

City's small-cap firms to set to see flood of capital from China

Beijing's long-standing plans to allow mainlanders to invest overseas is expected to release large capital inflows into small-cap companies in Hong Kong as retail investors on the mainland seek to take advantage of lower valuations in Hong Kong markets, a veteran Chinese banker said.

21 May 2013 - 5:04am

For once it may not be wise to sell in May

Normally shares underperform during the summer, but this year could be different. Photo:EPA

"Sell in May and go away." Will this be the year that the old investment adage, arising from a long-run statistical underperformance of stocks from May to October versus the period from November to April, proves wrong?

20 May 2013 - 4:18am

Morgan Stanley's 'bull tail' sees Hang Seng at 50,000

Morgan Stanley's 'bull tail' sees Hang Seng at 50,000

Morgan Stanley's chief Asian equity strategist Jonathan Garner raised more than a few eyebrows yesterday among the 1,000 or so portfolio managers assembled in the ICC for the bank's Hong Kong investment conference.

He told them there is a "credible" chance that the city's benchmark Hang Seng index could reach the 50,000-point mark before the end of 2015.

14 May 2013 - 3:32am 6 comments

Asian stocks near 5-year high on back of US rally

The Hang Seng Index yesterday ended the month 2 per cent higher, compared to losses it made in February and March. Photo: Bloomberg

Asian stocks closed near a five-year high yesterday, tracking a strong performance in the United States market and buoyed by better-than-expected home sales in the world's largest economy, amid indications that global central bankers will continue implementing easing measures.

1 May 2013 - 4:27am

HSI snaps five-day run of declines

Turnover on the exchange was a thin HK$66 billion yesterday, indicating that buying appetite continues to be weak. Photo: AFP

The Hang Seng Index ended a five-day losing streak, led by mainland banks and brokers, as investors built positions before the earnings season and Beijing indicated it would bring in more foreign investors into the mainland stock market.

20 Apr 2013 - 5:35am

Night trading off to slow start

More than 100 firms have joined in the new trading session.

After-hours trading of equity futures debuted with thin volumes last night, fuelling concern among local brokers that big investors could use it to manipulate stocks, leading to financial instability.

9 Apr 2013 - 4:37am

Late nights loom as evening trade begins

Hong Kong Exchanges and Clearing today adds a new 5pm to 11pm session for trading Hang Seng Index and H-share index futures. Photo: EPA

Hong Kong Exchanges and Clearing (HKEx), which runs the local stock and futures markets, will today add a new 5pm to 11pm session for trading Hang Seng Index and H-share index futures.

8 Apr 2013 - 3:17am

Cyprus bailout prompts fund managers to cut equity exposure

Cypriots take to the streets to protest the terms of the rescue package imposed by the European Union, the European Central Bank and the International Monetary Fund. The Cyprus bailout has sent shockwaves through global markets and fund managers are taking a more cautious stance. Photo: Xinhua

Renewed market jitters after the decision to rescue Cyprus have prompted some of the world's top fund houses to cut their risk profile to minimise losses in volatile global equity markets.

28 Mar 2013 - 5:25am

Hang Seng starts Year of the Snake on a high note

Brokers at the Chinese Gold and Silver Exchange Society get down to business on the first day of trading after the holiday. Society president Haywood Cheung Tak-hay said a weakening US dollar would send gold prices soaring. Photo: Jonathan Wong

Investors returned from the Lunar New Year holiday to a buoyant day of trading on the Hong Kong stock market yesterday, with the Hang Seng Index adding 198.09 points, or 0.85 per cent, to close at 23,413.25.

15 Feb 2013 - 7:12am

Hong Kong stocks set for bullish start to the Year of the Snake

Overnight rallies in the US helped Asian markets climb. Photo: EPA

Hong Kong stocks could open the Year of the Snake on a bullish note as Asian markets rose after US corporate earnings sent the Dow Jones Industrial Average to a five-year high.

14 Feb 2013 - 4:53am

It's snakes and ladders on CLSA's Fung Shui Index

Snake years usually spell gloom for the Hang Seng Index, but broker CLSA predicted yesterday that this year could be different. Its fung shui team (from left) Emily Lam, Oliver Lam, Mariana Kou, and Francis Cheung, said the local benchmark would continue climbing until early August, then slump and fluctuate before bouncing back next year. Photo: Jonathan Wong

The Hang Seng was likely to continue climbing to an intrayear high in August on the back of a strong performance in the resources sector, the broker said. Afterwards, it would slump and fluctuate between losses and gains before bouncing back to positive territory in January.

7 Feb 2013 - 5:16am