• Sun
  • Oct 26, 2014
  • Updated: 3:40pm

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.

For once it may not be wise to sell in May

"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?

Monday, 20 May, 2013, 4:18am

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

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

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

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 (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

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

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

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

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

HSI adds Lenovo, dumps Chalco

Hong Kong's benchmark Hang Seng Index will no longer include the loss-making state-owned enterprise Aluminum Corp of China, also known as Chalco, but will add computer manufacturer Lenovo, Hang Seng Indexes said in a quarterly review yesterday.

7 Feb 2013 - 5:16am

More share placements may put pressure on Hong Kong market

Yesterday's slump might not be the last correction for Hong Kong stocks as more large and medium-sized placements could drag down the market further, say experts.

The Hang Seng Index fell 2.3 per cent yesterday, the biggest drop in three months, as markets across Asia slid amid renewed concerns over Spain's debt risks.

6 Feb 2013 - 4:43am

Beware of mixed economic signals

Investors should heed conflicting economic signals. If they had predicted last week where the next negative sign was coming from, many would have said Europe, which is unlikely to emerge from its debt woes without another mini-crisis or two. But it turned out to be the US, where the economy contracted 0.1 per cent in the December quarter, against market expectations of more than 1 per cent growth. Conflicting signals emerged by the end of the week, with revised figures showing the US economy added many more jobs than thought in the December quarter, sending the Dow Jones index above 14,000 for the first time since 2007.

4 Feb 2013 - 3:02am

Hang Seng soars as mainland rally excites investors

Investors were also excited by the onshore market, which rallied for a third day after a mainland official said Taiwanese institutional investors might have an extra 100 billion yuan (HK$123 billion) added to their quota to invest in the mainland capital market under the qualified foreign institutional investor scheme.

31 Jan 2013 - 5:20am

Profit-taking likely as Hang Seng Index hits 21-month high

The risk of a short-term correction may be rising for the Hang Seng Index after it hit a 21-month high yesterday, as investors look to book short-term profits.

29 Jan 2013 - 5:25am