• Fri
  • Aug 1, 2014
  • Updated: 10:30pm

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.

HK stocks tumble on debt woes in Europe

Hong Kong stocks tumbled to a two-year low yesterday as Europe's debt woes weighed heavily on equity investors after Greece pledged more austerity to avoid a default.

Tuesday, 20 September, 2011, 12:00am

Two more reasons to doubt the alarm over the HK dollar

On Friday Monitor laid into Bill Ackman, the New York hedge fund manager who says he is betting on a 30 per cent upward revaluation of the Hong Kong dollar.

19 Sep 2011 - 12:00am

Broker's computer 'glitch' leads to HK$1.5b splurge

Hong Kong broker Sun Hung Kai Financial made a costly mistake yesterday, buying millions of China Life Insurance shares as a result of what it said was an error in its computer system.

Traders said the broker placed a buy order worth more than HK$37 billion for 2 billion shares for China Life at HK$18.82 about half an hour before the close of the stock market.

9 Sep 2011 - 12:00am

Container maker joins another Hang Seng index

Singamas Container Holdings, the second-largest shipping container maker, will become a constituent stock of the Hang Seng Composite Index - as well as the Hang Seng Composite Industry Index-Industrial Goods and the SmallCap Index - from Monday.

2 Sep 2011 - 12:00am

Index to track foreign firms' performance

New Hang Seng indices will be launched next Monday to track foreign companies' performance and to measure Hong Kong and mainland companies' corporate sustainability.

30 Aug 2011 - 12:00am

Swings and roundabouts for market without rudder

It was a directionless week for the Hang Seng, with investors absorbing many rounds of earnings news.

China Life on Tuesday announced a 28 per cent drop in first-half profit (year on year). The ensuing share price drop wiped out about US$4 billion of the issuer's equity value. It was by far the biggest disappointment of the week.

29 Aug 2011 - 12:00am

Will financial love affair put an end to bourse rivalry?

The joint venture between the Hong Kong bourse and its mainland counterparts has turned former rivals into partners. But it is hard to say how long the love affair will last.

23 Aug 2011 - 12:00am

Worries of another recession fuel talk of third easing by Fed

Stock markets are in bad shape. But are they in a sufficiently poor state to hope for a bailout?

Last week Hong Kong equities reacted (again) to worries that the US and Europe are on the verge of a recession, with the S&P 500 down 4.46 per cent on Thursday and the Hang Seng Index dropping 3.08 per cent on Friday.

22 Aug 2011 - 12:00am

Stocks cheap, firms strong, so is it time to buy?

If a cashed-up billionaire like Warren Buffett goes on a shopping spree, he might evaluate a takeover target by comparing its share price to its core earnings.

And after the recent sell-off, this measure of value and others suggest it is a very good time to buy, both in the US and in Hong Kong.

10 Aug 2011 - 12:00am

Housing sales hit by falling stock market

Home sales in the secondary market dropped 23 per cent on the weekend as market sentiment was hit by tumbling stock prices around the globe and the announcement that the United States had lost its top-tier AAA credit rating from Standard & Poor's for the first time.

8 Aug 2011 - 12:00am