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.
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.Wednesday, 6 February, 2013, 4:43am
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
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
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
The Hang Seng slipped for a second-straight day on Thursday, with Apple’s suppliers hit after the tech giant reported underwhelming quarterly revenue.24 Jan 2013 - 5:29pm
The Hang Seng Index yesterday rose to its highest level since June 2011 after the mainland's economic growth beat expectations, raising prospects for the world's second-biggest economy.19 Jan 2013 - 3:31am
What would you like to read about in the paper?" I asked my esteemed colleague Lai See the other day.
"How to make money this year," came his curt reply.
Of course, how to make money in 2013 is what everyone wants to know. Happily there are a few pointers out there.9 Jan 2013 - 3:38am 1 comment
Hong Kong shares fell 0.75 per cent in the morning session on Friday on profit-taking and concerns the US Federal Reserve could end its loose monetary policy earlier than expected. The benchmark Hang Seng Index shed 174.57 points to 23,224.03 on turnover of HK$39.66 billion4 Jan 2013 - 1:02pm
The Mandatory Provident Fund (MPF) enjoyed its best returns since 2009 last year, but could not beat the Hang Seng Index.
The 453 retirement funds, which cover the city's 2.5 million employees, returned on average 12.07 per cent, swinging into the black from an average loss of 8.42 per cent in 2011 and improving on a 7.18 per cent gain in 2010.4 Jan 2013 - 8:32am
Hong Kong stocks kicked off the new year with a 19-month high in heavy trading and could open even higher today if they track the overnight US market that rallied after the Congress approved a deal to avoid a "fiscal cliff".3 Jan 2013 - 4:36am
Asian markets jumped on Wednesday after the US Congress backed a deal to avert a “fiscal cliff” of drastic tax rises and spending cuts in an upbeat start to the year.29 Aug 2013 - 4:13am
Hong Kong stocks are expected to rise when the market opens today for the first time this year, following the fiscal cliff deal in the US Senate and new signs that manufacturing is picking up on the mainland.2 Jan 2013 - 4:24am
Last year was a profitable one for the Hong Kong stock market and hopes are high for this year.
The Hang Seng Index ended the year up 22.9 per cent as euro-zone worries ebbed and the leadership change in Beijing triggered hopes for greater economic reforms.1 Jan 2013 - 3:49am
Chinese stocks this year fell to levels unseen since the global financial crisis, as investors ignored a rebound in the world’s second largest economy and focused on fundamental problems with the market.29 Aug 2013 - 4:13am
Hong Kong stock prices will will see growth in the low teens next year amid ample liquidity and a recovery on the mainland, say market players.
According to the median estimate of 13 strategists and fund managers polled by the South China Morning Post, the Hang Seng Index is likely to rise to 24,500 points by the end of next year.29 Dec 2012 - 4:58am