• Fri
  • Nov 21, 2014
  • Updated: 6:02am

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.

Hang Seng up 2.2pc to 16-month high on banks, insurers

The Hang Seng Index closed at its highest level since August last year on Wednesday, after China allowed insurers to invest more in banks.

Wednesday, 5 December, 2012, 6:12pm

Hong Kong Stocks Rise Third Day as China Manufacturing Expands

Hong Kong stocks rose, with the city’s benchmark index heading for a three-day gain, after China’s manufacturing rose to the highest level in seven months, adding to signs the world’s second-largest economy is recovering.

3 Dec 2012 - 10:29am

Hang Seng Index breaks 22,000 on hot money surge

The Hang Seng Index crossed the 22,000-point level yesterday as market sentiment continued to strengthen amid an influx of hot money.

The index rose 107.5 points, or 0.49 per cent, to close at 22,030.39. With that, the index has risen 1.8 per cent in November, making it the third straight month of gains.

1 Dec 2012 - 3:16am

Factory numbers add to market optimism

The stock market rose more than 500 points in two days to reach a two-week high yesterday on higher expectations of an improved economy on the mainland.

The Hang Seng Index closed higher by 218 points to 21,743 yesterday, adding to the increase of 296 points on Wednesday.

23 Nov 2012 - 1:40am

US budget hopes boost Asia stocks

Asian stocks rose Tuesday as investors gained confidence that President Barack Obama and the U.S. Congress will reach a budget deal to avert tax hikes and spending cuts that could throw the world’s No. 1 economy into recession.

20 Nov 2012 - 2:12pm

Market cool to the new lower-growth leaders

Hong Kong and China stocks fell sharply on concern the new generation of Chinese leaders will accept lower economic growth over the coming years.

16 Nov 2012 - 2:47am

Fear of the unknown sparks sell-off in Asian markets

Hong Kong stocks posted their biggest decline in more than three months yesterday, tracking a slump in global markets on concerns over possible political deadlock in Washington and the China leadership change.

9 Nov 2012 - 3:59am

Hang Seng jumps 1.3pc to 15-month closing high

Hong Kong shares had their best week in seven on Friday, with the Hang Seng Index hitting a 15-month high as fund inflows buoyed hopes of further gains by year-end and encouraged investors to build riskier positions.

2 Nov 2012 - 9:32pm

China, Hong Kong stock markets buck falls in Asia

The mainland stock market, the worst performer among Asian markets this year, rose the most in the region yesterday after the nation's factory activity began to expand again last month.

Gains in both Hong Kong and mainland China bucked the downward trend in other Asian markets.

2 Nov 2012 - 5:30am

Market Wrap: Hang Seng falls as developers get hammered

Hong Kong stocks fell on Monday after local developers got hammered due to the new measures aiming at curbing demand, yet further losses were capped by better-than-expected earnings of Chinese lenders.

“Today’s decline factored in the impact of the fresh curb on property developers, as home prices are unlikely to fell much due to relatively tight supply,” said Kenny Tang,

29 Oct 2012 - 7:22pm

Banks support Hang Seng as local developers hammered

Hong Kong shares slipped 0.2pc on Monday as local developers tumbled on fears new measures to cool soaring property prices, but losses were limited by strong earnings by Chinese banks.

29 Oct 2012 - 5:47pm

Market Open: Hang Seng to consolidate after property curbs

Hang Seng could see more consolidation after Friday’s retreat from a 10-day rally, as heavyweight local developers may got hit following the fresh property curbs and third-quarter earnings continue to overhang the market.

29 Oct 2012 - 2:42pm

Concern over earnings stops 10-day rally in Hong Kong stocks

Hong Kong stocks ended their 10-day rally yesterday as investors took profits on worries that soon-to-be-released corporate earnings may disappoint after major mainland companies, including China Unicom, missed third-quarter results forecasts.

27 Oct 2012 - 3:11am

China Unicom stumbles as profit misses forecast

Shares in China Unicom, the nation's No2 mobile operator, had their biggest drop in value in more than three years yesterday after the company's third-quarter profit missed market estimates.

27 Oct 2012 - 3:18am

Capital inflows drive Hang Seng to fresh 2012 high

The Hang Seng hit a fresh 2012 high on Wednesday, buoyed by expectations of more capital inflows after the HKMA moved to weaken the Hong Kong dollar for the fourth time in a week.

24 Oct 2012 - 8:22pm