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.

More share placements may put pressure on Hong Kong market

Concerns over Spain's debt risks sent Asian markets down.

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

Beware of mixed economic signals

The Dow Jones index rose above 14,000 for the first time since 2007.

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

The Hang Seng Index finished at its highest close since April 2011.

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

Goldman Sachs is hoping to raise about US$1 billion by selling a stake in ICBC at HK$5.77 a share. Photo: Bloomberg

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

China shares fall in sharp reversal, Hang Seng slips

A worker at Foxconn's Longhua factory in Shenzhen. Photo: Reuters

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

Mainland economic growth data fuels surge in Hong Kong stocks

The mainland economy grew a surprise 7.9 per cent in the past quarter, sparking a rally in consumer and banking stocks. Photo: Reuters

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

How to make money in 2013: just go with the liquidity flow

Follow the money

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 stocks down slightly by noon

A trader walks the floor of the Hong Kong Stock Exchange as share prices are flashed. Photo: AFP

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 billion

4 Jan 2013 - 1:02pm

MPF bounces back into profit, but fails to keep pace with Hang Seng

Retirement funds swung back into the black. Photo: Xinhua

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

US fiscal cliff deal sets off bull charge in Hong Kong, US stock markets

A monitor in a securities agency in Central shows the Hang Seng Index's closing level and gains yesterday. Photo: K.Y. Cheng

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 surge as US averts fiscal cliff

Drummers perform during the opening ceremony of the Securities and Derivatives Markets at the Korea Exchange in Seoul. Photo: Xinhua

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

Hang Seng counts down to upbeat start

The US Senate has passed a deal to avoid the fiscal cliff. Photo: EPA

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

Hong Kong stocks up 22.9 per cent over 2012

The benchmark Hang Seng Index closed 9.67 points lower to finish at 22,656.92 on turnover of 3.71 billion USD in half-day trade ahead of the New Year break. Photo: AFP

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

China stock slump highlights market flaws

A Chinese investor in Hefei, Anhui province. China’s economic growth hit a more than three-year low of 7.4 per cent in the third quarter. Photo: Reuters

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

Liquidity will drive up Hong Kong stock in 2013: SCMP Survey

HSBC's Mandy Chan advocates cement firm stocks. Photo: K.Y. Cheng

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